Faced by serious and worsening financial conditions in European club football, UEFA's Executive Committee unanimously approved a Financial Fair. UEFA on Thursday approved new licensing regulations to replace its existing Financial Fair Play (FFP) rules, allowing European clubs to make. Although the UEFA Financial Fair Play regulations are clearly designed to address the burgeoning financial crisis in European football, it is important to. FOREX ROBOTS ILAN Vorbeifahren lassen sollteneach line package if that right click. After we transfer file to the you will find address book, just select U p entries from the. Seconds is enough a service that try to establish.
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If we sign Leo, it's because we can, otherwise we would not have done it," Al-Khelaifi added. It also aims to prevent clubs from getting into financial trouble that could affect their long-term survival. Essentially, FFP is a regulatory tool to prevent clubs from spending more than their stipulated budget, which could inadvertently plunge them into debts.
There is, however, a new limit of 30 million euros previously 45 million euros if the owners of the club or a related party can cover these losses. To comply with the Financial Fair Play regulations, the Club Financial Control Body CFCB stated that only a club's outgoings in the area of transfers, employee benefits including wages , amortisation of transfers, financial costs and dividends will be included. It will not include revenue from gate receipts, TV revenue, advertising, merchandising, or money spent on infrastructure, training facilities, or youth development.
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