Financial fair play is set to end soon

Financial fair play is living its last hours.

The

announces this Wednesday that UEFA should very soon abandon this regulatory system launched in 2011 to introduce a new financial control program, which should grant more freedoms to the richest clubs.

The fall of this financial fair play was probably precipitated by the Covid-19 pandemic.

This regulatory program aims to ensure that the clubs maintain a certain financial balance or face penalties, as was the case for Manchester City in February 2020, which had initially been excluded from all European competitions for two seasons, before being rehabilitated by the Court of Arbitration for Sport (CAS).

Thus this control system prevented the wealthiest teams from spending without thinking since having a significant financial deficit was synonymous with sanctions.

Today, because of the pandemic, even the most modest clubs will have trouble balancing their accounts and therefore getting into the nails. 

UEFA to blow final whistle over financial fair-play:

it will be announced a new system of financial control that will leave much more freedom of spending to clubs

- Tancredi Palmeri (@tancredipalmeri) March 24, 2021

UEFA, no doubt with the help of the European Association of Clubs (ECA), is slowly revolutionizing the economic models that govern European football.

In addition to this removal of financial fair play in favor of more lax control, there could be a change in the transfer market.

Andrea Agnelli, president of Juventus Turin and ECA, had announced that he was working so that clubs qualified in the Champions League could not buy or sell players between themselves.

We must add to this the evolution of the C1 format, the economic benefits of which will be greater, in particular thanks to the probable explosion of TV rights. 

Coman's goal with Bayern against PSG in the 2020 Champions League final (1-0)

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