Saturday, August 19, 2017

UEFA bans for failing FFP unlikely – Platini

SoccerNews in General Soccer News 24 Apr 2014

2 Views

Michel Platini believes clubs who fail Financial Fair Play can expect “tough sanctions” but not a ban from UEFA competitions.

The Investigatory Chamber of the Club Financial Control Body met last week to discuss 76 clubs whose finances have come under scrutiny, with the likes of Manchester City and Paris Saint-Germain reportedly failing to meet regulations under the FFP initiative.

Clubs who fail FFP look set to face strong punishment, but UEFA president Platini has revealed excluding them from European football is an unlikely outcome.

Speaking to Le Parisien, he said: “The first decisions will be announced in May.

“People who expect blood and tears will be disappointed. There will be tough sanctions but I believe there will be no exclusions from European competitions.

“Overall losses of European clubs have gone from €1.7 billion to €1 billion this year, so we are winning our bet. But some clubs are always on the edge.”

Platini was pressed specifically on whether PSG were one of the club’s under investigation, but he was coy on whether the Ligue 1 leaders will face sanctions.

He added: “I do not talk about any club in particular, that is not my role. Let’s just say that PSG’s economic model is unique.

“They simply have chosen a path to finance their investments and achieve balance. I am not sure (if PSG comply with FFP).”

ABOUT THE AUTHOR

SoccerNews

Soccernews.com is news blog for soccer with comprehensive coverage of all the major leagues in Europe, as well as MLS in the United States. In addition we offer breaking news for transfers and transfer rumors, ticket sales, betting tips and offers, match previews, and in-depth editorials.

You can follow us on Facebook: Facebook.com/soccernews.com or Twitter: @soccernewsfeed.

SHARE OR COMMENT ON THIS ARTICLE

WE RECOMMEND

Leave a Reply

Be the First to Comment!

Notify of
avatar
 
smilegrinwinkmrgreenneutraltwistedarrowshockunamusedcooleviloopsrazzrollcryeeklolmadsadexclamationquestionideahmmbegwhewchucklesillyenvyshutmouth
wpDiscuz
Live Scores

advertisement

Betting Guide Advertisement

advertisement

  • Football_888sport betting
Become a Writer
More More
Top