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Uefa approves new financial regulations amid fresh Manchester City accusations

Raheem Sterling of Manchester City celebrates victory against Sporting CP in the Uefa Champions League. (Photo by Mike Hewitt/Getty Images)

Uefa has approved new financial regulations that will increase the amount of debt clubs are able to accumulate over a three-year period from €30m ($32.7m) to €60m following a meeting of its executive committee.

The regulations will, however, require clubs participating in Uefa competitions to restrict spending on wages, transfers and agent fees to 70 per cent of their revenue from the beginning of the 2025-26 season.

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