According to U.E.F.A, top European clubs have made a total loss of 1.6. Billion Euros or 1.33Billion Pounds.For the year 2010And the total debt of these clubs are 84 Billion Euros. Not very good figures at all.There was a 30 percent increase in losses across Europe.So Financial Fair Play must come into force , The U.E.F.A general secretary has said.
The clubs can only make a loss of 45 Million Pounds in a three year period.
Failing which clubs will face U.E.F.A actions.Such as There will be a transfer embargo, even points will be deducted. Limit in the squad, as well as clubs will be fined.Lastly these guilty clubs will be excluded from all European competition. Such as Champion League, Europa League as well.
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