Some of Europe’s leading football clubs, especially those in the Premiership, are preparing to oppose plans bu Uefa to curtail the ability of club owners to buy their way to success. Michael Platini’s campaign, which some think is aimed at Premiership clubs, has been approved by Uefa’s executive committee and will come into force over the next three years. The concept has the approval of the European Club Association, which represents about 150 clubs.
Some of Europe’s leading football clubs, especially those in the Premiership, are preparing to oppose plans bu Uefa to curtail the ability of club owners to buy their way to success. Michael Platini’s campaign, which some think is aimed at Premiership clubs, has been approved by Uefa’s executive committee and will come into force over the next three years. The concept has the approval of the European Club Association, which represents about 150 clubs. Uefa claims that 50 per cent of clubs in Europe are losing money but it acknowledges that applying new rules across the continent’s different financial systems will be complicated. The Premiership, which is introducing its own measures to improve financial scrutiny, argues that the only beneficiaries of the concept would be the richer clubs who already generate revenues of more than £200m a year, and that the idea was in any event unenforceable. Richard Scudamore, the Premier League’s chief excutive, said, ‘Ultimately, if you are going to regulate costs, you end up regulating every income stream, and we just don’t know how you can do that.
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