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Platini hints at FFP changes

Filed: Monday, 18th May 2015
By: Staff Writer

UEFA President Michel Platini has suggested that changes to the way that Financial Fair Play works may be introduced this summer.

Platini, who has been under a good deal of pressure from Italian clubs recently - including AC Milan, who have been linked with a sale to Qatari investors - announced this morning that FFP rules which prevent clubs from spending beyond their limits may be relaxed this summer.

"I think that the regulations that have been made ​​are fine," he said. "FFP was voted for by the clubs.

"But in France, one can not buy players and on the other hand, the French want stricter enforcement if Qatar buys AC Milan. Things will be eased but it will be the executive committee who decide. You'll know at the end of June."

Since FFP was introduced two years ago, West Ham United's wages to turnover ratio has decreased from circa 70 per cent to a far more sustainable 56 per cent.

However critics of the system say it will prevent the club from ever rivalling the Premier League's major spenders, even if a new cash-rich owner was found.

FFP: Further Reading

FPP: a breath of life (Raedwulf): kumb.com/article.php?id=3577

Financial fair play is the death of competition (Geoff Toates): kumb.com/article.php?id=3572

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   arrow   Brady named in business list top 20 [30th Mar 2017]
   arrow    Klopp, Reid, Noble and Gold: Tuesday's news [19th May 2015]
   arrow   Platini hints at FFP changes [18th May 2015]

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