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Has Ffp Been Scrapped?
Has Ffp Been Scrapped?
Alexander Ross••6 min read
UEFA is reportedly scrapping Financial Fair Play
Financial Fair Play
The UEFA Financial Fair Play Regulations (FFP) were established to prevent professional football clubs spending more than they earn in the pursuit of success, and in doing so not getting into financial problems which might threaten their long-term survival.
(FFP) and will replace it with a new system of financial control which will give clubs more freedom over their spending. ... But after over 10 years, UEFA has decided to end the FFP system according to journalist Tancredi Palmeri.
Why was FFP scrapped?
Football's financial fair play rules are to undergo dramatic change, with the key break-even measure declared “purposeless” by Uefa. “Covid 19 has generated a revenue crisis and had a big impact on the liquidity of clubs,” he said. ...
What happened to FFP?
Financial fair play 'has lost its credibility'
Last year City received a two-year ban from the Champions League for alleged "serious" breaches of club licensing and financial fair play regulations, before it was later overturned by UEFA.
Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.
