The president of FIFA, Gianni Infantino, has appeared to call for a loosening or amendment of Financial Fair Play rules after acknowledging the success the regulations have had in scaling back club financial losses and debts. “It is up to us to given certain rules,” Infantino claimed to Italian media, “not only in Serie A.” Infantino previously spent 15 years with UEFA, joining European football’s administrative body in 2005 before his ultimate appointment as General Secretary in October 2009. In this role, he helped spearhead the implementation of FFP rules, famously claiming that combined losses of more than £1billion posted across Europe in the 2009/10 season was “the last wake-up call” for European football.
FFP rules in UEFA competitions were officially implemented ahead of the 2011/12 season, providing for sanctions to be dished out to clubs that exceed certain loss thresholds over a monitoring period. Since then, similar rules have been introduced in major domestic leagues across Europe, including in the Premier League.
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But now in comments made to media, as reported by Italian football website CalcioMercato, Infantino claims, “We must help those who want to invest in football, at all levels. “When I was at UEFA, we introduced the Financial Fair Play [rules] because football lost €1.7 billion (£1.5billion) every year and a brake had to be put in place,” FIFA’s president noted.
Infantino claimed the FFP rules in European competitions had ultimately “succeeded because football no longer generates such losses. “But now we need to evolve,” he insisted. “We as FIFA will make our contribution.” Infantino added, “We need to make club football grow, not only in Europe but around the world. “We need certain rules that allow investors to be able to invest but also to earn.” Manchester City, Paris Saint-Germain, Fenerbahce, AC Milan and Atletico Madrid are among those to have faced punishment in the last decade but changes are planned by world football’s governing body.