Monday, March 01, 2010

Finances: Regulating club financial expenditure to avoid debt

European football's regulator, UEFA, has recently announced Financial Fair Play proposals, designed to prevent clubs spending more than they earn. Rod Findlay, a Partner with McDaniel & Co. Solicitors and the former in-house lawyer at England's Rugby Football League, examines UEFA's current financial regulations and its new proposals and compares them with financial regulation systems used by other sports. He discusses the limits of financial regulation proposals and questions whether or not they will achieve their aims.

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