The Union of European Football Associations intends to abolish the financial fair play rules, which were supposed to control the amount of earned and spent funds by clubs for a single financial year.

According to beIN Sports and CNN journalist Tancredi Palmeri, UEFA will soon announce a new club financial control system to replace FFP.

It is noted that according to the updated rules, European teams will receive much more freedom to spend their own funds..

According to La Gazzetta dello Sport, the new system for controlling the financial activities of clubs should be finally approved by the end of this year, and its full functioning is planned for 2022..

Recall that according to the rules of financial fair play, clubs could not spend more than they earn. In case of violations of these rules, various sanctions were applied to teams, including a ban on the registration of new players for a certain period of time, as well as suspension from European cups..

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