FFP regulations aim to stop clubs running big losses through spending on players but, after 11 years, UEFA was already examining possible changes before the Court of Arbitration for Sport backed City's appeal against a two-year ban.
Some of the cases may also have been covered under a"settlement agreement" UEFA and City entered into after a previous probe ended in 2014. "Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable and UEFA and ECA remain committed to its principles," UEFA said in a statement.
While the system was created to stop clubs going into debt, critics believe it may have created a closed 'elite' with clubs outside the traditional powerhouses limited in their ability to build teams.“It has been very successful as a system. There are almost no losses in European football anymore and now we will probably have to adapt to different times,” he said.What form the changes take remains to be seen, but some supporters of the system believe it has simply become too complicated.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: staronline - 🏆 4. / 75 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: malaymail - 🏆 1. / 86 Read more »