Back to the Top News Newsfeed

UEFA Exploring Changes to Financial Fair Play as Coronavirus Impacts Economy

UEFA is exploring changes to Financial Fair Play rules as clubs grapple with the sudden loss in revenue caused by the coronavirus pandemic abruptly halting competitions across Europe.

The cost-control regulations were introduced a decade ago as a response to the global financial crisis caused by the banking collapse in a bid to prevent European clubs accumulating big losses.

But the break-even rules, which force clubs playing in the Champions League and Europa League to spend only what they earn, restrict wealthy owners from pumping money into clubs to spend on transfer fees and player salaries.