UEFA has opted to temporarily soften it's financial fair play rules to help clubs impacted by the economic fall-out of the coronavirus crisis, European football's governing body announced on Thursd...
UEFA has opted to temporarily soften it’s financial fair play rules to help clubs impacted by the economic fall-out of the coronavirus crisis, European football’s governing body announced on Thursday.
It means that clubs will be given longer than usual to show they have met payments owed on transfers and salaries, while “the assessment of the financial year 2020 is postponed for one season, and will be assessed together with the financial year 2021”.
Following its latest executive committee meeting held via videoconference, UEFA said clubs would have until October 6 to register players for the group stage of next season’s European club competitions. Football is still adapting after the current season was interrupted in mid-March because of the coronavirus pandemic.
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