Connect with us

Hi, what are you looking for?


UEFA could ‘adapt’ Financial Fair Play rules as Man City wait for ban appeal

UEFA president Aleksander Ceferin admits that Financial Fair Play rules — currently being challenged by the Manchester City case — could soon be changed © ANP/AFP / Robin VAN LONKHUIJSEN

AMSTERDAM, Netherlands, Mar 3 – UEFA is considering adapting its Financial Fair Play regulations, president Aleksander Ceferin said Tuesday, as Manchester City take their fight to overturn a ban from the Champions League for breaching the rules to the Court of Arbitration for Sport.

“It is too early to say how it will look in the future but we are thinking about it and we will probably have to adapt it,” the Slovenian Ceferin said at a press conference after the UEFA Congress in Amsterdam.

“It was very successful as a system, there are almost no losses in European football any more, but now we will probably have to adapt to different times.”

Financial Fair Play (FFP) rules were introduced by UEFA to combat growing debt in European football by obliging clubs to balance their books.

Assessments began in 2011 when European clubs reported overall losses of 1.7 billion euros ($1.9 billion). In contrast, according to UEFA’s most recent annual “benchmarking” report, the 700 top-tier clubs across the continent made a combined profit of 140 million euros in 2018.

However, the last decade has seen City and Paris Saint-Germain in particular, with mega-rich owners from Abu Dhabi and Qatar respectively, present a huge new challenge to Europe’s established elite and to the FFP rules themselves.

City were banned from Europe for two years for serious breaches of FFP regulations. The reigning English champions last week filed an appeal to the sports court in Lausanne.

FFP rules mean that, over a three-year period, clubs are not permitted to lose more than 30 million euros with exceptions for costs such as youth development and women’s teams.

UEFA’s Club Financial Control Body found City ensured they did not fall foul of those restrictions by overstating their sponsorship revenue between 2012 and 2016.

Advertisement. Scroll to continue reading.

Asked if he was confident the ruling against City could be upheld in the CAS appeal, Ceferin said: “As a lawyer I respect the system and the system we have — the investigatory chamber, the adjudicatory chamber, and at the end we have the Court of Arbitration for Sport in Lausanne.

“Manchester City appealed to the Court of Arbitration for Sports, and let’s wait for the decision.”

Meanwhile, General Secretary Theodore Theodoridis played down concerns that the security of UEFA staff could come under threat when City host Real Madrid in their Champions League last 16, second leg on March 17.

The match will be City’s first at home in UEFA competition since the ban — which has left fans angry — was announced.

“We are absolutely confident there will be no issue,” Theodoridis said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


More on Capital Sports


NAIROBI, Kenya, May 25 – There is light at the end of the tunnel. After failed promises over the last three years since its...


NAIROBI, Kenya, June 8 – Olympic Champion Caster Semenya and wife Violet Raseboya have hinted that they might be expecting a baby in a...


NAIROBI, Kenya, Aug 13 – Kenya’s history making Daniel Adongo, the first Kenyan to play in America’s National Football League (NFL), is now living...


NAIROBI, Kenya, Oct 15 – Daniel Wanjiru, the 2017 London Marathon champion has been slapped with a four-year ban by the World Athletics Disciplinary...

© 2020 Capital Digital Media. Capital Group Limited. All Rights Reserved