Monday, May 18, 2015

Platini: UEFA looking to ease rules on club spending (Yahoo Sports)

UEFA President Michel Platini speaks during a news conference at the end of the 39th Ordinary UEFA Congress in Vienna, Austria, Tuesday, March 24, 2015. Platini was re-elected as UEFA president for a third four-year term. He was unopposed to extend his presidential reign, which started in 2007, and was acclaimed by the leaders of UEFA's 54 member federations.(AP Photo/Ronald Zak)

UEFA is preparing to ease rules which limit how much Europe's top clubs spend on player transfers and wages. President Michel Platini told French broadcaster RTL in comments aired Monday that the UEFA executive committee could relax some Financial Fair Play regulations. Barely a year after UEFA fined big-spending Manchester City and Paris Saint-Germain 20 million euros ($22.8 million) each for FFP violations, changes could be agreed at a June 29-30 meeting in Prague. Launched by Platini in 2009, Financial Fair Play was once seen as a threat to expel high-profile clubs from the Champions League.




from Yahoo Sports http://us.rd.yahoo.com/sports/rss/top/SIG=132vn59et/*http%3A//sports.yahoo.com/news/platini-uefa-looking-ease-rules-club-spending-124114829--sow.html
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