Macroeconomic Monitor

2014.10.22

The Financial Fair Play rule or how UEFA wants to maintain the status quo in European football

Miroslav Alexandrov Financial Fair Play was created in 2013 with the aim of improving the financial situation of football clubs by preventing them from spending more than they earn (or more precisely, no more than 5 million euros for any 3-year period) in their pursuit of quick success. UEFA's good intention was to …

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