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Fair financial games: UEFA will be able to reopen closed files (communicated to AFP) – 11-13/2018



In the context of disclosure of a Football Leak, UEFA has given itself the opportunity to relearn the financial situation of European clubs, he announced in a statement to AFP on November 13, 2018 - Fabrice COFFRINI - AFP

In the context of disclosure of a Football Leak, UEFA has given itself the opportunity to relearn the financial situation of European clubs, he announced in a statement to AFP on November 13, 2018

"If new information shows that previously classified cases have not been dealt with properly, these cases can be reopened": in the context of leakage of Soccer Leaks, UEFA has given itself the opportunity to re-examine the financial situation of European clubs, he announced in a statement to AFP Monday night.

"UEFA conducts annual evaluations of all clubs in connection with the requirements of financial fair play in terms of economic balance," the agency said in a statement.

"If there is new information relating to this assessment revealed, UEFA will use it to compare it with the numbers" provided previously "and ask the club concerned for explanation, clarification or rejection," he added.

This announcement emerged as a revelation of Football Leaks, a project of several European media that has access to documents that reveal the basics of football, questioning the effectiveness of Financial Fair Play (FPF), set earlier in 2010.

This system prohibits clubs that compete in European competition from spending more than they produce themselves, up to a limit of € 30 million over three seasons. And clubs rely on cash receipts other than what they produce themselves.

However, Football Leaks believes, it is documented, that some clubs, such as Manchester City or Paris SG, are trying to lead FPF rules.

In total, the French website Mediapart accused UEFA of "washing more than six billion euros in cash injections", while the club should only live on their own income. "These special people have been able to live beyond their means, beyond economic rationality and violate the rules of financial fair play," Mediapart said.

In early November, Rafaele Poli, head of the Football Observatory at the International Center for Sports Studies (CIES) in Neuchâtel (Switzerland), told AFP that "if the rules were implemented, they would have to restrain the growth of these two big clubs," PSG and Manchester City. "But it made it easier for UEFA to have more competition in the main competition, so we found some arrangements."

"Recent disclosures require opening notes, because too many small clubs have been given large temporary sanctions released," another European football fan said, on condition that anonymity. "But this is nothing new: in 2012/2013, several clubs' debts were removed to build their financial strength under FPF".

The new approach, announced by UEFA on Monday to Tuesday, "applies universally to all clubs that apply for UEFA licenses and to compete in European club competitions", namely the League champions and the Europa League, "UEFA continues to say.


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