UEFA announces new “Financial Fair Play” law

To prevent the tycoons “injecting money” into the teams too much, the European Football Federation (UEFA) decided to introduce the “Financial Fair Play” (FFP) in 2010. With this law, clubs are not allowed to receive too much money from their owners and are allowed to suffer losses of no more than 30 million euros for 3 years. five.

The latest, at the Executive Committee meeting of UEFA took place in Nyon on the evening of April 7 officially passed the decision to replace the “Financial Fair Play Law” (FFP) with a new law called “Sustainable Finance” (FSCLR). Specifically, the “Sustainable Finance” law requires that costs related to the operation of clubs, including salaries, transfers and commissions for player representatives, will not be allowed to exceed 70% of total revenue. fall of the season.

UEFA announces new “Financial Fair Play” law

Under the new rule, clubs are allowed to lose 60 million euros over three seasons, twice as much as before. Clubs that are judged to be in “good financial health” will be allowed to lose an additional 10 million euros. Teams violating the new Financial Fair Play Law will be fined and some other forms such as point deduction, spending limit.

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