Manchester City Avoid Transfer Ban, Fined by FIFA After Breaching Transfer Rules

Manchester City have avoided a transfer ban but have been fined £314,500 after FIFA found the Premier League club guilty of breaching rules around the signing of young players.

The Associated Press' Rob Harris confirmed the news on Tuesday:

The Times' Henry Winter provided further details from FIFA:

Per Matt Slater of The Independent, previous reports indicated FIFA would sanction the Premier League champions with a two-window transfer ban. 

Chelsea are serving such a ban for breaching similar rules over the transfer of minors, so they were not able to make any signings in the recent window. 

Given City's financial strength, a fine of just over £300,000 is likely to have little impact on the club.

A transfer ban, though, could have been a big blow for the Sky Blues, who have spent around £600 million on transfer fees since Pep Guardiola took over at the club in 2016.