Friday, March 25, 2011

Financial Rules: UEFA FFPR Regulations: the grounds for legal challenge

UEFA has recently brought into force its Financial Fair Play Regulations, which are designed to encourage clubs to operate on the basis of their own revenues in order to protect them from excessive debt. Stephen Hornsby, head of the sports group at Davenport Lyons, explains why the regulations could be challenged by a club excluded from European competition for failing to comply with them. He argues that they don't represent a fair and proportionate restriction on a club's ability to compete under competition law, especially as they were only agreed by European Club Association members.

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