Everything indicates that UEFA will introduce new rules in April as they look to control teams’ spending when it comes to transfer fees and players’ salaries.
Clubs will have three years to adapt to the new regulations, which dictate that expenses should not exceed 70 percent of what they generate, with relegation from UEFA‘s tournaments appearing to be the sanction in the event they don’t comply.
The current rules came into force in 2010, with the club’s budgets being monitored every three games. With the introduction of the new rules, the financial controls will take place each season.
According to the New York Times, football-related spending may not exceed 70 percent of a club’s revenue.
A margin of 10 million euros
UEFA will approve the new framework on April 7 and the clubs will have a flexibility of up to 10 million euros.
Clubs that do not respect the new rules will be relegated from the Champions League to the Europa League, or from the Europa League to the Conference League. Should a Conference League team not comply, they will be thrown out of the competition and will not play in Europe.
There will be a three-year period of adaption for the clubs, who will be asked to spend 90 percent of their income in these three seasons.
Forty clubs do not comply
The Premier League clubs wanted the percentage to be set at 85 percent and not the 70 percent mark that was finally decided. A report from UEFA indicates that there are currently 40 clubs which would not comply with the new rules.
It now remains to be seen whether the new rules will be approved, although everything indicates that this is what will happen in April.