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Platini’s football finance plans “will never happen”, says Scudamore

English Premier League chief executive Richard Scudamore has described as “unrealistic” and “never going to happen” plans of UEFA president Michel Platini to make football clubs operate within their financial means.

Platini hopes to introduce regulations requiring clubs to live entirely off their own revenues, thus ending the days of rich investors buying into clubs and using their own money, or loans, to build star-studded squads.

“Ultimately you will have to do things like levelling out all the tax rates, levelling out all the state subsidies in stadia,” Scudamore said, speaking to UK radio station talkSPORT, as reported by Reuters.

“So if you are going to have financial fair-play, which we don't think you can realistically do, you would have to level out all these things.

“That's never going to happen in our view. You'd have to level out immigration in terms of the rules that allow players in (to a country).

“These are concerns that we have, but they have to be put in to the mix of all the other vagaries. It's unrealistic because ultimately if you're going to regulate how much a club can spend to its earnings, then you have to regulate earnings, every single bit of it.”