Citation: Thompson, Ed, ed. "Financial Fair Play Explained."http://www.financialfairplay.co.uk/financial-fair-play-explained.php. FFP, 20 Sep 2013. Web. 21 Oct 2013.
Summary: In this article; the editor mentioned that Most people use the term 'Financial Fair Play' (FFP) to refer to UEFA's requirement for clubs to balance their books. However the UEFA FFP rules are actually 90 pages long and cover much more than the need to 'Break Even For example, they specify that clubs keep up-to-date with their taxes, their transfer fees and pay player wages on time. Although clubs have been punished under the FFP banner for having 'overdue payables' (Malaga have been banned from UEFA competition next year for falling behind on their tax and wages), the main concern for Premier League clubs is the Break Even requirement.
I think this article would be more helpful to clear the definiton and rules of Financial Fair Play System. In my Op-Ed essay, I would get some beneficial information from this article.
Link: http://www.financialfairplay.co.uk/
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