UEFA vows to be tough on clubs in breach of Financial Fair Play

By Daily Sports on May 26, 2018

UEFA president Aleksander Ceferin says he has faith in the Financial Fair Play (FFP) process, which he believes treats every club the same.

In August, Ceferin said his organisation would not be a “tiger without teeth” when it came to clubs who breach FFP regulations, the set of rules that link club spending to revenues over a three-year period.

“I completely trust the division of UEFA that is taking care of it and I trust our independent bodies,” Ceferin told ESPN on Friday. “We don’t divide clubs into big ones and small ones, but rather into those who respect the rules and those who do not.”

Among those clubs thought to be at risk of falling foul of FFP were traditional European giants like Milan, whose net spend exceeded $150 million under new ownership last summer and Paris Saint-Germain, who committed more than $400m to the signings of Neymar and Kylian Mbappe.

On Tuesday, UEFA announced that Milan were referred to the adjudicatory branch of UEFA’s Club Financial Control Board (CFCB). It is the first time a club from one of Europe’s major five leagues was referred to the CFCB.

In the past, clubs who have been sanctioned, including Manchester City, Roma and Inter, were given the opportunity to reach a “settlement agreement,” effectively a plea bargain with reduced punishments. A decision is expected by the middle of next month. As for PSG, it is likely that CFCB will wait until after the end of the club’s financial year – June 30 – to assess the situation.

Ceferin added that there was a range of sanctions available – up to and including exclusion from all European competition – but that each case would be judged on its individual merits.

“We’re not going to be populists and punish someone just because people say we’re afraid to do it,” he said. “We will not kick out all the big ones just to show that we are strong.”

He reiterated that decisions were not up to him, but he would back whatever outcome.

“Me personally, I don’t decide,” he said. “But I don’t run away from responsibility. The relevant bodies decide, but we shape the politics of European football. I trust them, I don’t interfere and they will do what they have to do, according to the rules.” (ESPN)

•Photo: UEFA president Aleksander Ceferin

Source Daily Sports

Posted May 26, 2018


 

You may also like...
Beckenbauer Corruption Trial Ends Without Verdict

Joshua dismisses Parker's 'king of steroids' claim

Osimhen focused on Roma amid Man United interest...

Benzema To Face Trial Over Sex Tape Case...

How Manchester United could look if Paul Pogba...

AFCON Ouster: Don’t blame Eagles coaches, players —Onigbinde...

 

Latest News El-Rufai Will Be Used to Bring Down APC Just as Wike Was Used to Destabilise PDP- Chieftain Says PDP to bring Peter Obi, Opposition in for 2027 I was never interested in joining Tinubu government – El-Rufai PDP Crisis: We Lost Last Election Because Atiku Was Too Cocky — Ex-Lawmaker Handball: Nigeria get USA, Azerbaijan, Moldova in U-23 tourney NPFL: Remo complete comeback against Warriors, go eight points clear ‘APC Cannot Afford To Lose El-Rufai To Rival Party, His Is Smarter Than Tinubu’s Ministers’– Igbokwe “El-Rufai: PDP Being Destroyed From Within” — Claims Internal Mercenaries Hired To Kill Opposition Party Eagles will be ready for AFCON 2025 – Ekong Lookman feared out for one month Chelle focused on W’Cup qualifiers after AFCON draw Ferdinand urges United to sign Osimhen

 

Most Read Rangers International going, going . . . (55,267 views) Amaju Pinnick: A cat with nine lives (46,421 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (44,449 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (44,098 views) Sports Development: Zenith Bank on the zenith (44,048 views) Current issues in Nigerian sports: Matters arising (44,027 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (43,843 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (43,407 views) Olopade, BET9A wave of revolution in NNL (42,498 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (41,147 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (39,587 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (39,016 views)

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media