Salary cap doesn't fit for UEFA in FFP overhaul
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Salary cap doesn't fit for UEFA in FFP overhaul
by Jonathan Rest

UEFA has decided against introducing a salary cap in European football, but changes to financial control measures are coming.

FFP? The pandemic has created problems for everyone, but for some it was a good excuse for their mismanagement. Financial Fair Play was born to eliminate losses in football, now we need to focus more on competitive balance.
Aleksander Ceferin
President, UEFA

UEFA has spent more than a year in talks with a representative group for elite clubs about a new model to replace its Financial Fair Play rules, which has been in place for over a decade and was introduced as an attempt to limit spending.

 

Under the changes, clubs' football-related spending, the New York Times reported, will not be able to surpass 70 per cent of their income.

 

In August 2021 it emerged that UEFA was considering imposing a luxury tax on any club that breaches a salary cap, but faced with still opposition, football's European governing body has now dropped that plan.

 

Instead, after a three-year implementation period, teams will be required to keep their spending within a strict ratio.

 

The term Financial Fair Play will also no longer exist, with there set to be a shift towards 'sustainability'.

 

Under the new system, UEFA will have the right to impose both sporting and financial penalties for rule breakers, including fines, threat of expulsion and possibly demoting teams between the three competitions it currently operates: the Champions League, Europa League and new Europa Conference League.

 

Aleksander Ceferin, President of UEFA, told Italian newspaper Corriere della Sera: "FFP? The pandemic has created problems for everyone, but for some it was a good excuse for their mismanagement. Financial Fair Play was born to eliminate losses in football, now we need to focus more on competitive balance."

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