Summary: In this article, it is discussing that Daniel Striani, who is a Belgian Agent, and Uefa’s Financial Fair Play regulations: the new Bosman? There is a bacckground information about what the Financial Fair Play is.
The spending of football clubs, particularly those licensed by and under the jurisdiction of UEFA has long been an issue and a point of debate within the sport. In England, whilst commercial revenues have continued to rise (the Premier League sold the domestic broadcast rights alone for seasons 2013-2016 for £3.018bn), that has not necessarily reflected itself on the balance sheet, with many clubs having experienced falling operating profits and pre-tax losses.
Some clubs have been able to operate as normal, and indeed expand squads and wage bills, as losses were underwritten by wealthy investors and benefactors. Other clubs have operated at levels above their means, gambling player wages against receipt of broadcasting revenue, a strategy which has on more than one occasion led to insolvency events involving high profile clubs.
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