October 14 – UEFA’s improving relationship with Europe’s major clubs has taken another turn for the better after “constructive” talks over financial fair play.
UEFA president Michel Platini hosted the meeting in Nyon to discuss progress in helping clubs operate within their means.
Representatives from 10 of Europe’s top clubs attended, including Manchester City and Paris St Germain, both of whom were hit with heavy fines in May after falling foul of the FFP regulations.
UEFA described the discussions as “full and frank”.
“Today’s meeting was very constructive and showed once more that the key stakeholders in Europe are keen to work together to create a healthy financial landscape for club football,” Platini said in a statement.
“We have succeeded in reducing the cumulative losses of European clubs and in stabilising European football’s finances. We must now work together to ensure that clubs can grow and prosper in the future – and today’s discussions were an encouraging step in that direction.”
As well as members of the European Club Association (ECA), the meeting was also attended by representatives of the players’ union FIFpro.
“The participants restated their full support for the UEFA Club Licensing and Financial Fair Play Regulations during full and frank discussions,” UEFA added.
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