Friday, September 20

Tag: Roman Abramovich

Everyone in football talks about it, but… What is Financial Fair Play?
News

Everyone in football talks about it, but… What is Financial Fair Play?

UEFA wants football to be more even ... or so they say. Photo: LAURENT GILLIERON / EFE Since European football was filled with investment funds from the Middle East, Russian tycoons, Chinese corporations with unlimited resources , etc, etc ... the UEFA had To resort to some legal recourse to avoid exorbitant inflation in all the leagues of the old continent and then, created the Financial Fair Play. This term, now so famous, was coined in the 2010 and consists of a series of financial rules that allow UEFA to have knowledge of the income and expenses of each club , thus preventing billionaire owners or corporations who are behind some teams, from putting their own capital to pay the players as already happened in the middle of the decade of the 2000 how The oil ...