
Barcelona Rocked By Financial Fair Play Rules
http://autogolo.com/sites/default/files/thumb.jpegThe Catalan Giants Could Be Facing Severe Consequences For A Breach Of FFP Regulations
Financial Fair Play. Three words which tonight strike fear into the hearts of football fans all around the world, as Spanish Giants Barcelona appear to have fallen victim to football’s money regulations.
The regulations were established in an attempt to prevent clubs from spending outside of their means, and bring a degree of parity back to the game’s biggest competitions. However, with big name signings such as Luis Suarez (£75m), Neymar (£71m), Alexis Sanchez (£30m), Cesc Fabregas (£30m), and Javier Mascherano (£18.5m) all arriving in the past 5 years on big-money contracts, Barcelona’s spending seems to finally have outstripped the club’s means.
http://images.boomsbeat.com/data/images/full/78974/neymar-barcelona-2013-hd-wallpapers-jpg.jpg
Neymar: One of Barcelona’s record signings, could be one of the names leaving the club in the near future
Speaking about the importance of FFP, UEFA president Michel Platini was unequivocal in his views on the matter, stating that:
Michel Platini, UEFA President:
Fifty per cent of clubs are losing money and this is an increasing trend. We needed to stop this downward spiral. They have spent more than they have earned in the past and haven't paid their debts. We don't want to kill or hurt the clubs; on the contrary, we want to help them in the market. The teams who play in our tournaments have unanimously agreed to our principles…living within your means is the basis of accounting but it hasn't been the basis of football for years now. The owners are asking for rules because they can't implement them themselves - many of them have had it with shovelling money into clubs and the more money you put into clubs, the harder it is to sell at a profit.
Certainly, Barcelona fans will be on the edge of their seats, wondering what is to happen to their club in light of these revelations, while El Clasico opponents Real Madrid are sure to be gleeful at the prospect of an almost-uncontested crack at the La Liga Title.
More news on this as the situation develops