UEFA President Michel Platini has revealed that the Financial Fair
Play are set to be relaxed, to allow for more owner investment.
That means the FFP sanctions that saw clubs like Manchester City and
Paris St. Germain receive hefty fines, will now be "eased" according to
Platini.
PSG and Manchester City were the two Champions League contenders hit
hardest a year ago by UEFA when it fined them €20m and cut the clubs’
squad size in European competition.
Financial fair play has been criticised generally for freezing the
status quo of clubs and thus for handing a massive spending advantage
for clubs who can profit from massive TV deals, such as those in the
English Premier League plus Spain’s Real Madrid and Barcelona.
Platini said: “I think the rules we have are working very well.
Financial fair play was approved by the clubs.” However he continued
that “things are going to be reviewed” by the UEFA executive committee
in Prague on June 29-30.
Similar indication came from general secretary Gianni Infantino who referred to a need to encourage “market stimulation.”
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