Are UEFA’s financial fair play rules headed for an early bath?
A Belgian sports agent representing a number of European footballers has launched a challenge against the legitimacy of UEFA’s Financial Fair Play Rules.
The allegation is that the rules breach fundamental EU rules on competition and free movement. It is also argued that the rules may reduce the number of big-money player transfers in the EU and that as a result it is more difficult for agents to make money by offering their services in relation to such transactions.
The focus on the rules has never been sharper, with the summer 2013 transfer window seeing the first €100m (£84m) transfer fee and total club spending across Europe’s five biggest leagues reaching £1.8bn, exceeding the previous record by 20 per cent. UEFA started monitoring club spending for the purposes of the rules in 2011, and UEFA’s general secretary has already suggested that a number of major clubs are in its crosshairs…
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