A measure introduced by UEFA for financial fair play might exclude from Europe’s two most powerful clubs in England.
UEFA measure will come strong from 1 June, but will not apply sanctions earlier than in 2013. The clubs Chelsea and Manchester City could not comply with this rule if would be applied starting today.
Manchester City had a deficit of 110 million pounds, while Chelsea has a hole of 50 million pounds to cover. Barrier set by UEFA notifies clearly: no club is allowed to have losses of 65 million pounds in the last five years.
This decision is made to reduce the gap between super rich and teams without great financial opportunities. Basically clubs will not be allowed to spend more than they earn.
Michel Platini insisted that teams in Europe to follow the rules imposed by UEFA about the exorbitant amounts being spent on transfers. UEFA president said it would take drastic measures if the teams have recorded budget deficits and does not respect fair play required by the European Forum Financial.
Platini : “When the record deficits is of 1.2 billion euros for European football, we can say we have a serious problem. If you wonder if we dare to take action against big clubs who do not follow the rules, then the answer is yes.”
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