“It has been five years since Michel Platini promised to save European football from financial ruin. The introduction of the Financial Fair Play (FFP) rules gave fans hope that success in football would no longer be decided by how much money a Russian oil tycoon or Middle Eastern sheikh could throw at a club. But the rules in their current format are not stopping super rich clubs from spending eye watering amounts of money. Seven of the top ten transfers of all time have occurred in the last two years and financial experts warned against ‘reckless wage spending last summer, four years after the introduction of FFP. The rule make no attempt to improve the chances of well run clubs who see no benefit from living within their means.” backpagefootball
How UEFA can fix Financial Fair Play
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