UEFA president Aleksander Ceferin admitted last October that the ‘old way of managing transfers’ was not the right one – less than 18 months after Man City successfully overturned a ban from European competitions for ‘serious breaches’ of the regulations.
The governing body of European football have instead looked at implementing new ‘future-focused’ rules to ‘adapt to the new circumstances and to specifically target wages and transfer fees’, and these regulations look set to be unveiled this year.
UEFA have proposed new FFP rules to replace the current system, and the new rules will come into play if approved by the executive board.
La Liga clubs Atletico Madrid, Barcelona, Real Madrid, Sevilla and Villarreal are among the most likely to be impacted by the new rule.
UEFA is set to replace financial fair play with a system that will allow teams to spend only 70 percent of their incomes.
Failure to follow the limit could result in deduction of points or relegation from the Champions League, reports @tariqpanja pic.twitter.com/MMxFNZCBWO
— B/R Football (@brfootball) March 22, 2022
The expected new UEFA regulations appear to be stricter. A NY Times report states that UEFA are set to rule that a club’s spending on football operations (player salaries, transfers, etc.) will no longer be allowed to exceed 70% of their income, over a three-year period.
During that three-year period, clubs would be able to spend 90% of their income ahead of that figure dropping to 70% after the adaption period, but clubs can only be within a margin of €10million.
Along with fines, it’s claimed clubs could be relegated from the Champions League to Europa League, Europa League to Conference League and so on if they are in breach.
UEFA are also said to be considering the possibility of deducting points from teams in the new Champions League format, which comes into place in 2024.
The group stage of the competition will instead take the form of a large league table, rather than the current format, which involves multiple groups of four.