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NYON, Switzerland -- Big-spending clubs Manchester City and Paris Saint-Germain were fined 60 million euros ($82 million) by UEFA on Friday and ordered to limit their Champions League squads to 21 players next season for breaching the bodys financial fair play rules. In the first series of sanctions handed down by UEFA over its new regulations meant to curb over-spending by wealthy owners, nine clubs in all were handed punishments -- but those given to the Premier League winner and the French champion were by far the heaviest. City said it will accept the sanctions and will not appeal, but insisted that the club has a "fundamental disagreement" with UEFA about its "interpretations of the FFP regulations on players purchased before 2010." PSG also accepted the punishment "in spite of the tremendous handicap they represent in terms of the clubs ability to fully compete on an equal footing against Europes biggest teams." PSG also said in a statement that it "deplores the fact" that UEFA hasnt recognized "the full value" of its partnership with the Qatar Tourism Authority, which the governing body said was inflated. The fines given to City and PSG are the heaviest ever handed by out UEFA. However, UEFA said 40 million euros will be returned to the clubs if they fulfil their financial obligations over the next two years. Those obligations include limiting the deficits to 10 million euros in the financial year ending in 2015 for City, with PSG allowed a deficit of 30 million euros for that period before being obligated to break even by 2016. City said it expects to break even by the end of 2014. UEFA said both clubs have agreed to "significantly limit" their spending in the transfer market over the next two years. However, City said it is allowed to spend 60 million euros, plus whatever it earns for selling players, in this summers transfer window. It said the UEFA sanction "will have no material impact on the clubs planned transfer activity." The reduced Champions League squads may not have much of an impact either. Teams are ordinarily allowed 25-man squads for the competition, but few end up using that many. City and PSG both used 21 players on the field this past season -- not counting unused substitutes. "Our ambition to build one of the best and most competitive European Football clubs will not be undermined by these measures," said PSG president Nasser Al-Khelaifi. "We will continue to invest in developing a highly competitive team and will continue our investments in our stadium and training infrastructures while at the same time remaining, as we are today "debt free." The FFP rules require clubs who play in the Champions League and Europa League to balance their finances, and are meant to curb huge investments by owners and excessive spending on transfers. The sanctions were handed down five years after UEFA President Michel Platini launched the program to tackle "cheating" by overspending. No club was expelled from next seasons Champions League or Europa League, which had been billed as the harshest punishment available. The other clubs to have failed FFP were Galatasaray, Trabzonspor and Bursaspor from Turkey, Russian sides Zenit St Petersburg, Anzhi Makhachkala and Rubin Kazan, as well as Levski Sofia from Bulgaria. Those were handed fines ranging from 200,000 euros -- for Galatasaray, Trabzonspor, Levski and Bursaspor -- to 12 million euros for Zenit. UEFA was expected to rule against Man City and PSG, which far exceeded a limit of 45 million-euro losses over the first two seasons of very complex accounting rules for FFP assessment. Both clubs tried to balance their finances with inflated sponsorship deals linked to their owners in Abu Dhabi and Qatar, respectively. City was also scrutinized for booking tens of millions in revenue from selling image rights and consultancy fees to third parties. Critics of FFP say it was effectively manipulated during UEFAs lengthy consultation with clubs who saw an opportunity to lock out emerging rivals whose new, wealthy owners wanted to spend quickly to join the elite. Clubs such as Barcelona, Bayern Munich, Manchester United and Real Madrid, which have lucrative commercial deals worldwide, will all likely benefit from City and PSG now having to rein in their transfer strategy. Custom Pittsburgh Pirates Jerseys . -- Oakland Athletics starting pitchers Jarrod Parker and A. Bill Mazeroski Jersey . Left-handed reliever Boone Logan agreed to a $16.5 million, three-year contract on Friday, a person familiar with the negotiations told The Associated Press. http://www.pittsburghpiratesprostore.us/.com) - There may be a debate in Philadelphia about who should be the starting quarterback of the Eagles. Dave Parker Jersey . The Toronto Blue Jays star won his second consecutive Hank Aaron Award as the most outstanding offensive performer in the AL on Monday after votes by fans and a panel of Hall of Famers were tallied. Barry Bonds Jersey .J. -- Travis Zajac of the New Jersey Devils took a lot of grief considering his scored the first of his career-best three goals just 12 seconds into a crucial game against the Florida Panthers.MOSCOW - Security at the 2018 World Cup must be effective but not intrusive, Russian President Vladimir Putin said Tuesday.Russian security was tight at the Sochi Olympics this year, though it was not immediately clear whether Putins comments would signal a different approach for the soccer tournament.I emphasize that security measures must be effective but not intrusive or extraneous, and not creating discomfort for sportsmen or for fans, said Putin, met with FIFA president Sepp Blatter on Tuesday.Security concerns for the World Cup will likely centre on possible terrorist attacks by insurgents from Russias North Caucasus, and perhaps incidents linked to the Ukraine crisis.The head of Russias Federal Security Service (FSB), Alexander Bortnikov, said his organization, which typically fights terrorism and organized crime, had made tackling football hooliganism a priority in World Cup preparations.The phenomenon of radical hooligan groups very much worries the FSB, Bortnikov said, pointing to clashes between German hooligans and police in Cologne on Sunday that injured 49 officers.Soccer-related violence and racism are also comparatively commonplace at games in Russia.Russian Sports Minister Vitaly Mutko said Putin would sign off on a final security plan early next year.Putin cited the Olympics as a major influence in preparing for the World Cup, RRussias first major soccer tournament.ddddddddddddDrawing on that experience, all World Cup preparations will be completed on schedule and to the very highest standards, Putin said.He also warned Russias struggling national football team, which has won only one of its last seven competitive matches and was eliminated in the first round at the World Cup, that its performance must be better than we saw in Brazil.However, there was a warning from Mutko, who said the country was in danger of falling behind schedule on plans to expand the number of hotels needed for fans.Most of Russias 11 host cities have never before hosted major international events and would currently struggle to accommodate thousands of football supporters. Russia plans to build 64 new hotels to compensate.In most of the host cities there is still a serious deficit of accommodation, Mutko said. This issue is moving at a slow pace as yet and we need to pay attention to it.Speaking on Russian state TV, Blatter repeated his opposition to any boycott of the World Cup in Russia.A boycott is not a solution. Football is to bring people together, he said. Its a great country, the biggest country in the world and Im sure Russia can host a great World Cup.As for Russias team, it lacked attacking spirit in Brazil, but was capable of reaching the final in 2018, Blatter said. 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