Reuters reports that the rules will seek to stop clubs amassing large debts – an issue which has particular resonance for England’s Premier League, where many clubs have financed their operations on the back of borrowed money.
"We have three years to regulate the situation," Platini said, in an interview with UK newspaper The Daily Telegraph. "The idea is not to kill the clubs but to help them have better balance. The philosophy to participate in our competitions is you must not spend more money than you receive.
"If (Manchester) United have €300 million and they spend 400 million – no! If Liverpool pay €60 million (interest) every year to the banks, it's a lot of money.
"Every owner has asked me for a better philosophy, for better transparency. In Germany, debts are not accepted. In England they are."
