I hope it's a fake otherwise it's going to establish a petty minded management culture.
We need a tougher regime but targeted at the type of behaviour we have seen from the likes of Gabby and Lescott - not penalising all and sundry just because a hold up on the M42 has resulted in them being 6 minutes late for training.
To be honest these tend to be pretty common place among different levels of football. The fines tend to be laid down from management and players agree to them as it's part and parcel of the job. If you come out with stupid stuff - like a fine for leaving your collars up a la Dwight Yorke - you'll get dissent - but as a player you're used to it so allow managers to put their rules in place.
In all honesty most players like it as it's part of the togetherness feeling and creates a manager/coach and players dividing line.