Financial fair play (FFP) rules need to be more “robust” according to Uefa president Aleksander Čeferin.
In an interview with the BBC, Čeferin said the governing body for European football would look to make the regulations, which require clubs to balance their spending with revenue, harder to circumvent.
“We acknowledge that the rules might be weak in certain point,” he said. “We know that we have to modernise. We know we have to check the rules and regulations all the time. We know that the situation in the football market is changing all the time. So that’s also part of our thinking for the future – do we have to do something about the regulations to be more robust? Yes.”
Čeferin’s comments came after an investigation by German magazine Der Speigel claimed Manchester City and Paris St-Germain overvalued sponsorship deals to meet FFP requirements. Manchester City claimed the allegations were an attempt to damage the club’s reputation while Paris St Germain said it had always “acted in full compliance with the laws and regulations.”
Čeferin said: “I don’t want to speak about Man City or PSG but for any club the rules have to be strong and clear. We will act by the book, by the regulations.”
He added that sporting sanctions against clubs who broke the rules were one option on the table.
“There are many things we are talking about – also sporting sanctions and everything else,” he said. “It’s the start of the debate. It’s a bit premature to speak about it but we acknowledge the rules might be weak in certain points. Also, laws in certain countries are changing all the time [and] adopting to modern times.”
Čeferin was again flanked by European Club Association (ECA) and Juventus chairman Andrea Agnelli, who said: “We certainly want a robust regulatory mechanism in place by Uefa, but fair play is not just financial, it should be a way of life. It should be a style, so fair play should apply to the way we actually interact with an organisation and that is something we expect from all the clubs coming to the table as it’s a set of preliminary rules that’s agreed with the clubs themselves by Uefa.”