Wednesday 26 October 2011

UEFA warns all top European clubs to follow financial 'fair-play' rules


The Union of European Football Associations (UEFA) has called on football clubs to implement a new financial fair play, rules, or it may be banned.

UEFA found that the total loss of the best clubs in Europe, 30 percent to 1,600,000 € (€ 1.34 billion) in 2010.

Now UEFA has warned clubs, stiff penalties if they reported the new financial fair play, do not implement rules, Telegraph.



UEFA general secretary Gianni Infantino ordered, that the final awakening for the clubs.

Under the new financial playing field, had rules, all the top clubs in Europe to a loss of no more than 45 million (€ 37.7 million) limited over the next two years.

Strict warning UEFA would have a direct impact on the richest clubs in English football as Chelsea and Manchester City.

City, Sheikh Mansour bin Zayed Al Nahyan is a loss of 197 million pounds last year, while Chelsea a loss of 78 million pounds.

These standards will start this season and will be carried out in 2013 on the subject. (ANI)