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Josh 5:59 Mon May 18
Financial Fair Play regulations to be relaxed
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Another win for the richest clubs?
Financial Fair Play rules that saw Manchester City handed a huge fine by UEFA last season are set to be relaxed.
UEFA is expected to announce next month that the FFP rules will be eased to allow more owner investment - a move that will aim to nullify more than 10 legal challenges that the European governing body is now facing.
Some clubs including City have argued that the FFP rules favour the rich, established clubs because they effectively prevent wealthy owners taking over and pumping in huge sums of money in a short period.
That scenario happened with City and Paris Saint-Germain. Both were handed £49million fines and transfer restrictions last season and the European Clubs' Association has been putting pressure on UEFA for a change.
UEFA president Michel Platini has revealed that some of the rules will be 'eased' - and the lawyer leading one of the legal challenges against the FFP system has responded by welcoming the move.
Platini told French radio station RTL: 'The world is two-faced but we will say this openly: I think we'll ease things, but it will be the executive committee who will decide if it is to be eased or something like that, and the outcome will be known by the end of June.
'I think the regulations have been very good and it is the clubs who voted for FFP.
'But the French press say it is not right that (Chelsea owner Roman) Abramovich can buy many players and in France they cannot buy them.
'But if the Qataris had bought AC Milan the French would also say we should make Financial Fair Play even tougher. As it is, the Italians wanted it eased.'
Jean-Louis Dupont, the lawyer leading the legal action against UEFA, said in a statement: 'We welcome the announcement of a change in the rules in line with the demands expressed by our clients in their various legal actions.
'When the exact content and scope of these changes are known, we will consider with our clients how this development, which on first sight appears favourable, is likely to meet their legitimate expectations and influence the conduct of ongoing actions.'
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Replies - Newest Posts First ( Show In Chronological Order)
costahammer
6:54 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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they mentioned the Championship rules briefly on Sunday Supplement and that they make look to relax rules on this ...so may help Qpr to a lesser fine not a 50 mill one!!
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Far Cough
6:39 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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I don't think it will, that is a different matter for the Championship which have their own rules
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Your mum
6:29 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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This might help QPR out of a spot...boo
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Far Cough
6:21 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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We have to get in Europe for THAT FFP to take effect, which maybe next season?
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cornish
6:19 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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To me fair play is very unfair to smaller clubs.
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goose
6:17 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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good news for the likes os us who may well recieve some kind of investment over the coming years.
all FFP does is keep the current status quo.
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devonshire_class
6:16 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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I guess so.
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Trevor B
6:03 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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dc
perhaps, but then again this is completely different to the premier league ffp rules isnt it.
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devonshire_class
6:01 Mon May 18
Re: Financial Fair Play regulations to be relaxed
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Will stop G&S keep going on about FFP when they don't sign no one
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