The Malta Independent 20 April 2024, Saturday
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Uefa president Platini defends Financial Fair Play ahead of easing rules

Associated Press Thursday, 21 May 2015, 12:10 Last update: about 10 years ago

UEFA president Michel Platini insists his Financial Fair Play project to control club spending is "here to stay" and has not changed approach.

Platini says the goal "remains the same" despite revealing this week that UEFA will soon relax the rules.

After "moving from a period of austerity," UEFA will "offer more opportunities for sustainable growth," Platini says in an interview published by his organization.

Wealthy club owners should be able to spend more on player transfers and wages this offseason.

UEFA's rules were criticized for protecting commercially successful elite clubs from challenges by ambitious opponents.

Platini says European football's "financial health" was restored.

However, UEFA imposed the biggest sanctions on Manchester City and Paris Saint-Germain, which are financially secure with owners from Abu Dhabi and Qatar, respectively.

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