Thegoalmac can reveal that Uefa president Michel Platini has dismissed the idea that Financial
Fair Play (FFP) does nothing other than maintain the status quo within
European football.
The regulations were introduced in 2011 to curb the increasing
expenditure of the continents' clubs so as to lessen the risk of
bankruptcy.
It was also hoped that the more stringent financial rules would
create a more egalitarian system in which those clubs that adhered to a
more sustainable business model could compete with those funded by
billionaire benefactors.
It has been alleged that FFP has inadvertently strengthened the
position of the traditional superpowers but Platini insists that Uefa
has achieved exactly what it set out to do.
"Fair play was a demand from all clubs and investors who said they
could no longer pay and asked me to do something and make rules," the
Frenchman told beIN Sports.
"It was originally against [the likes of Chelsea owner Roman] Abramovich.
"The first meetings lasted more than a year. We then gave clubs four
years to get in line with the rules. Now the first sanctions have fallen
and have been accepted by everyone.
"We recently discussed whether to develop FFP and there may be new proposals in May.
"Debts are part of the taxation of everyone, not just the newly rich clubs.
"Many more investors will come, though only if there is Financial Fair Play because they would not agree to losing money."
Paris Saint-Germain have spent heavily since being taken over by
Qatar Sports Investments in 2011 and were among the first clubs to be
penalised for breaking FFP regulations.
Platini denies, though, that the Ligue 1 champions have essentially
been punished for trying to establish themselves as a force in Europe.
"We have not blocked anything," the Uefa supremo declared.
"That's evidenced by the fact that PSG bought a player for €60
million this summer (David Luiz) and that they beat Barcelona [in the
Champions League this season] without [star striker Zlatan] Ibrahimovic
and [captain] Silva.
"PSG just had accounting problems in how best to manage their money. It was nothing unlawful."
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