UEFA CONFIRMS NINE CLUBS TO BE INVESTIGATED OVER FFP COMPLIANCE

heroshe-shop-in-the-us-from-nigeria-news-nigerian-newspapers-sports-platini-uefa-president.jpg
heroshe-shop-in-the-us-from-nigeria-news-nigerian-newspapers-sports-uefa-champions-league.jpeg

A total of nine clubs face further investigations, for possibly breaching Financial Fair Play rules, UEFA has confirmed. European football’s governing body initially beamed their searchlights on the case of 76 clubs, who were asked to provide extra information to prove that they adhered to FFP rules for the 2013/2014 season. UEFA has now revealed that after further assessment, investigations will continue into nine of the 76 clubs, although no names were disclosed. FFP seeks to create a level playing ground for teams, by ensuring that clubs do not spend more than they earn over a period of time – no club is permitted a loss of more than €45 million over the 2011-12 and 2012-13 seasons.

The statement released on UEFA’s official website read: “Following the period in which the Club Financial Control Body (CFCB) Investigatory Chamber monitored the compliance of clubs with Financial Fair Play (FFP) regulations, UEFA can confirm that of the 237 clubs which entered the 2013/14 UEFA club competitions (and were thus subject to this season’s break-even requirements), 76 were requested to submit additional information.” Some of the clubs suspected to be under investigation include Manchester City, Paris Saint Germaine and Monaco who have all spent hefty sums on transfers in recent seasons. 

Read More: UEFA Free Fair Play Investigation