UEFA Must Enforce Penalties for Overspending, Bayern Says

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Bayern Munich officials say it would be “a total disaster” should European soccer’s governing body fail to release tough sanctions for clubs that violate new rules on spending.

The four-time European champion has made a profit in each of the last 20 years, and is counting on UEFA’s Financial Fair Play rules to penalize teams that spend more than they earn, President Uli Hoeness said. The body now needs to put the policies in place after much discussion, he said.