Soccer-UEFA agree new financial rules for clubs

UEFA's executive committee has approved new 'sustainability regulations' to replace the previous Financial Fair Play system, president Aleksander Ceferin said on Thursday.

A new 'squad cost rule' will limit spending on wages, transfers and agent fees to 70% of a club's revenue -- with that figure reached after a three-year gradual change.

 

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)