Uefa is considering changes in its financial fair play regulations which would target the amount of debt accumulated by clubs. This would hit Manchester United and Real Madrid in particular.
Uefa is considering changes in its financial fair play regulations which would target the amount of debt accumulated by clubs. This would hit Manchester United and Real Madrid in particular.
There have been criticisms that Uefa has focused too much on over investment in clubs and not enough on debt reduction. Paris Saint Germain and Manchester City have complained that the rules punish them unduly because their owners have put cash into the clubs.
The debt that clubs have accumulated in the past, for example in the leveraged buy out of Manchester United, would be to set to one side in any calculations, but clubs would be expected to reduce it in a more timely fashion. Paying down debt more quickly would affect the amount of money available to them to pay transfer fees and wages for players.
So far financial fair play does not seem to have had any great effect on the size of transfer fees or the wages that players can demand.