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Sunday 4 December 2016

Financial fair play rules will be relaxed by UEFA President Platini

UEFA president Michel Platini says financial fair play rules are to be eased
UEFA president Michel Platini says financial fair play rules are to be eased

The financial fair play rules that saw Manchester City handed a huge fine by UEFA last season are set to be relaxed.

UEFA is expected to announce next month that the FFP rules will be eased to allow more owner investment - a move that will aim to nullify more than 10 legal challenges that the European governing body is now facing. Some clubs including City have argued that the FFP rules favour the rich, established clubs because they effectively prevent wealthy owners taking over a club and pumping in huge sums of money over a short period.

That scenario happened with City and Paris St Germain and both were handed £49million fines and transfer restrictions last season and the European Clubs' Association has been putting pressure on UEFA for a change.

UEFA president Michel Platini has revealed that some of the rules will be "eased" - and the lawyer leading one of the legal challenges against the FFP system has responded by welcoming the move.

Platini said: "The world is two-faced but we will say this openly: I think we'll ease things, but it will be the executive committee who will decide if it is to be eased or something like that, and the outcome will be known by the end of June."

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