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Report: City, PSG Call for FFP Changes

The Manchester Evening News reports that officials from Manchester City and Paris Saint-Germain told UEFA on Tuesday that wealthy benefactors should not be penalized for investing heavily in their clubs under financial fair play (FFP) rules. In a meeting chaired by UEFA President Michel Platini, City CEO Ferran Soriano and PSG chairman Nasser Al-Khelaifi stressed their belief that sustainable investment should be permitted for clubs with wealthy owners, especially when the likes of Manchester United and Real Madrid are not penalized for carrying such large debts. Currently, only the interest on debt is viewed as part of the FFP calculation. Attendees at the meeting also called for UEFA to close the loophole that allows clubs that did not qualify for European soccer the season before to enter the next season without submitting their accounts for FFP approval.

Read the whole story at Manchester Evening News »

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