However, he still said some big clubs will face “significant sanctions” for breaking FFP rules. Platini is very closely linked to FFP which are seen to have been his idea, and 76 clubs have been asked to submit additional financial information to Uefa following their submission of basic accounts.
Those facing action will be announced on 5 May.
Though Platini promised “significant sanctions”, the worry is that there will be more fudge and compromise, given the way that Uefa has dealt with racist outbreaks in stadia in recent years. But he did add, “I think significant sanctions will hit the big clubs. We are going to take this to the end.”
FFP rules say that clubs can’t make losses of greater than €45 during each of the 2011-12 and 2012-13 seasons, although some areas of spending are excluded, such as on infrastructure. Man City have lost £149m in the past two seasons and are at real risk of a sanction although the club have been working with the accountants who wrote the rules to look for loopholes particularly in terms of sponsorship.
The same issue concerns the sponsorship of PSG by the slave state Qatar, and its Qatari Tourism Authority. The QTA paid around €200m in 2012-13 – which is about 50% of PSG’s budget for the season. The Qatari Investment Authority owns PSG.
Tragically but typically Platini has admitted he was unsure if the “innovative” sponsorship deal was within FFP rules. He said: “I will say simply that PSG’s financial model is distinctive and atypical. But is it viable? These are questions for the experts.”
Any clubs found to have breached the rules have until the end of this month to accept the board’s decision or contest any sanction.
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