Manchester City has been given a financial fair play boost and will not be limited in their spending this summer.
They had previously signed a settlement agreement after violating fair play regulations, but they agreed to a maximum of £20m in break-even losses that will allow them to spend freely in the next offseason.
Man City had previously received sanctions for breaching the fair play rules and were fined £49m as a result, but UEFA announced that Man City will not be limited in their spending this summer.
It was initially said in the restrictions that they will limit their spending for the 2014-15 and 2015-16 transfer markets, but the team said that they will not have to observe these terms for 2015-16.
Although Manchester City’s account showed that they lost £23m, they believe that they actually gained £8m in profits according to FFP standards..
Man City will look to reload after following their Premier League title season with what will likely be a distant second-place finish behind Chelsea.