Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Players could face European bans if clubs breach new Uefa financial rules

Individual players could be banned from playing in Champions League fixtures as punishment for breaching new financial sustainability measures, Uefa has confirmed.

A replacement for financial fair play (FFP) rules was approved by Uefa’s executive committee on Thursday, and will be brought in this summer, with clubs in continental competition ultimately limited to spending no more than 70% of their revenue on players, transfers and agents fees.

Sanctions for breaking the rules range from fines and point deductions to player and competition bans, but officials admit the changes will not be enough in themselves to redress competitive imbalance in Europe.

Uefa president Aleksander Ceferin said the regulations had been agreed after more than 100 meetings with football stakeholders. “I am very happy, I don’t want to say even surprised, that we got support from all the stakeholders,” he said.

“Uefa’s first financial regulations … helped pull European football’s finances back on track. But the football industry changed and alongside the inevitable financial effects of the pandemic, it has shown the need [for] reform.”

Under the new rules, clubs taking part in European competition (and by extension clubs who hope to qualify in future) must comply with three different criteria regarding solvency, stability and cost control. Solvency measures will ensure that all payables owed are paid on time, with quarterly inspections.

Under stability rules, clubs could lose up to €60m (£50m) over three years, but losses must eventually be covered by owner investment. Finally, cost controls would limit the money spent on players and coaches. Uefa will also monitor all sponsorship deals struck by clubs to ensure they are conducted at fair

Read more on theguardian.com