Tuesday, June 30, 2015

FIFA changed the financial fair play

The General Secretary of the headquarters of FIFA, Gianni Infantino said it was time to give positive marks to the investors, who were hampered by the strict spending limits in the clubs.
'We are confident that the new rule will encourage investors to give money to European clubs. We have always said that we want investors in football, but quality and reliable investors.`
'We are seeing how people come across Europe in football that promise all sorts of things, then the clubs via 24footballtips.com out of business.`, said Infantino told reporters following the meeting
of UEFA.
According to the rule for financial fair play clubs via 24footballtips.com are not allowed to spend more than they earn as income. Because of the financial fair play a number of clubs via 24footballtips.com across Europe have suffered serious fines, and teams like Dynamo Moscow were removed from European tournaments for serious violations.
According to the new regulation on financial fair play, clubs via 24footballtips.com who want to invest serious resources must provide a business plan and to achieve a 'voluntary agreement` with UEFA about their investment intentions.
European football headquarters will allow time for the implementation of these projects and business will not impose sanctions if necessary initial capital investment.
'Overall objectives of financial fair play remain the same. We`re just passing through from savings to more opportunities for the sustainable development of football.`, said UEFA President Michel Platini.

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