Platini calls for 'financial fair play'
Friday 28 November 2008
Latest in News & Comment
Related articles
On Facebook
Sport blogs
Euro 2012: Greece scouting report
Fernando Santos leads Greece into this summer’s Euro 2012 tournament in a calm yet confident mood.
Sepp Blatter: Penalty shoot-outs must remain, they’re football’s great leveller
As England supporters, we should scorn at any such deciding factor within football. On so many occas...
iBet: Hamilton and Alonso in battle for Monaco Grand Prix success
The last time there were five different winners of the first five Formula One races was 20 years ago...
Michel Platini today told sports ministers that Uefa need the power to introduce rules on finances for clubs in their European competitions.
The Uefa president said the game's European ruling body had no intention of interfering with rules for domestic leagues but wanted to ensure "financial fair play" in their own competitions such as the Champions League and Uefa Cup.
If such a move was agreed it could eventually mean that clubs such as Manchester United, Arsenal, Chelsea and Liverpool who regularly qualify for the Champions Leagues having to satisfy Uefa rules on debts and even how much they spend on wages.
Britain's sports minister Gerry Sutcliffe, in Biarritz to hear Platini's speech, and the Premier League are fiercely opposing the proposals.
Platini said: "What Uefa can do - and we are thinking seriously about doing it - is to reinforce and improve our system for granting licences for our own club competitions.
"It is in this way that we wish to contribute to financial fair play, and start responding to the expectations of the various parties involved in our sport."
He added: "Fiscal rules in Europe are extremely diverse...and the systems of licensing, control and financial management of football clubs involve a myriad of concepts and different regulations.
"Uefa is not going to charge itself with the task of harmonising European fiscal issues.
"Uefa is not going to impose its licensing system on national associations for their own competitions," Platini told the ministers.
Platini also called for a halt to the trafficking of young footballers, and a ban on transfers of players under the age of 18 - the Premier League also opposes the latter proposal.
Platini said: "Today, in the world and in Europe, there is trafficking of children. I will not mince my words because the situation is serious.
"What else do you call a phenomenon whereby children aged 12 or 13 are torn away from their environment and culture to join a business in return for payment? This is what is happening in football.
"Together with Fifa, we are studying remedies, but measures can already be taken to ban the international transfer of minors, even within the European Union.
"In numerous European states, strict rules exist which prevent clubs - on threat of sporting sanctions - poaching [young players] from their rivals' training centres. However, these rules do not exist at European Union level.
"It is in this context that we would like to be able to ban international transfers of players under the age of 18 within the EU.
"This is not to create an obstacle to the free movement of labour - it is an urgent matter relating to helping youngsters in danger."
Platini also argued that sport should be treated as a specific entity and not the same as business.
- 1 Ennis weighs in with telling response to 'fat' critics
- 2 James Lawton: Gerrard must regain control for Hodgson to limit damage
- 3 Questions to be answered after manager's first outing
- 4 Rodgers back in the running as Liverpool arrange talks
- 5 Torres makes the cut with Spain as Germans slip up
- 6 Bresnan leads counter to put England back in control
- 7 Fat? Really? Olympic hope laughs off official’s jibe – but others aren’t amused
- 8 Hodgson refuses to gamble on Barry's fitness for Euros
- 9 Sports caption competition winners
- 10 Webber clings on to become the sixth winner in six races
- 1 Robert Fisk: The going price of getting away with murder... would $33m be enough?
- 2 Brazil rocked by abortion for 9-year-old rape victim
- 3 Hardcore, hard-wired: How the prevalence of porn is changing our everyday lives
- 4 Principled Skinner rises above the fray
- 5 Fat? Really? Olympic hope laughs off official’s jibe – but others aren’t amused
- 6 News International 'tried to blackmail select committee'
- 7 'Hello mum, this is going to be hard for you to read ...'
- 8 Postgraduate students are being used as 'slave labour'
- 9 Coke reveals its secret: It may need to carry a cancer warning
- 10 French in uproar over oral sex anti-smoking posters
Experience the Heineken Hub
Get free wi-fi and exclusive i content while you enjoy a tasty pint of Heineken at participating pubs.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.





Comments