×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

UEFA agree new financial rules for clubs

Vocalize Pre-Player Loader

Audio By Vocalize

April 7, 2022 UEFA president Aleksander Ceferin during the news conference REUTERS

UEFA's executive committee has approved new "sustainability regulations" to replace the previous Financial Fair Play system, president Aleksander Ceferin said on Thursday.

A new "squad cost rule" will limit spending on wages, transfers and agent fees to 70% of a club's revenue -- with that figure reached after a three-year gradual change.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By AFP 1 hr ago
Football
Slot in the firing line as Liverpool collapse to PSG
Sports
Star-studded line-up sets stage for tight race at Kip Keino Classic
By AFP 7 hrs ago
Sports
Atletico 'ready' for Champions League success at last
By AFP 9 hrs ago
Sports
Ekitike injury 'looks really bad', says concerned Slot