UEFA should announce the reform of Financial Fair Play soon while will then be put into operation in the coming seasons, a report claims.
According to the New York Times (via MilanNews), there will be several updates on how FFP operates but one of them will not be a salary cap, because it was not possible to arrive at a solution that would get everyone in agreement.
The new major parameter will be based on revenues and personnel costs – which will be calculated based on the cost of the squad, transfer fees, salaries and other expenses – which for clubs involved in UEFA competitions cannot exceed 70% of total revenues.
To facilitate the transition to these new rules for the next three seasons, the cost of the squad is allowed to be up to 90% of revenues, and clubs that have not previously broken the rules may have a bonus margin of approximately $10m.
Fines, suspensions and possibility of being relegated to a lower UEFA competition (such as from the Champions League to the Europa League) can be introduced.
Not only that, but UEFA will be keeping a much closer eye on inflated sponsorships from companies related to club ownership like PSG, Manchester City and Inter.
If they really wanna reform the ffp then they should make the adverrtising revenue equeally distributed between all clubs, untill that happens then there wont be any financial fair play
hit the nail on the head
A scam is a scam no matter what they change the rules.
Salary cap is the only thing that could change FFP for the good and they’ve not implemented it
Yep. But the salary cap would hurt the teams that pay the UEFA/FIFA directors their dirty money. So that’s not going to happen.
Football is a vehicle for oligarchs and murderous petrochemical dictatorships to “sports-wash” and launder their money. The authorities don’t really care, they just watch the advertising and TV revenues coming in and drool. “FFP” is a total joke.
FFP is such a farce
not sure why clubs put up with it
the only way to even out the playing field is to insert some sort of salary cap (in the likes of the NBA), but that is not going to happen so FFP will be forever useless
Even if you tweak the sponsorship crap, revenue related regulations are literally the easiest to circumvent – see Man City’s mockery of it when they were selling “luxury experiences” at their home matches for 3mil pounds per person, as if it was not bloody obvious who was paying for all that (the government liked the tax money for sure)