What will the new Champions League rules mean for clubs?
The Associated Press report the new rules will see clubs permitted to spend up to 70 per cent of their income on ‘soccer-related activities’. The European Club Association (ECA), will assess the proposals from UEFA in a meeting on Thursday, with the finals rules set to be confirmed in April.
How will the new financial regulations affect football clubs?
These will be achieved through three key pillars: solvency, stability, and cost control. For solvency, the new no overdue payables (towards football clubs, employees, social/tax authorities, and UEFA) rule will ensure better protection of creditors. Controls will be performed every quarter and there will be less tolerance towards late payers.
Is UEFA investigating 20 clubs for breach of Financial Fair Play?
As UEFA reportedly continues to investigate about 20 clubs for the possible breach of financial fair play rules, it must be noted that the ongoing season is the last time that the existing rules will exist.
Will Barcelona be investigated for financial fair play Breach?
La Liga heavyweights Barcelona are one of 10 top European clubs that are reportedly being investigated by UEFA for a financial fair play (FFP) breach. La Liga giants Barcelona are one of 10 top European clubs that are reportedly being investigated by UEFA for a financial fair play (FFP) breach.