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Financial Fair Play is showing results, says Platini 

Financial Fair Play is showing results, says Platini

22.10.2014

UEFA president Michel Platini is confident that introduced rules for financial fair play in European club football already producing positive results.

"Until recently, unthinkable financial reforms were adopted and approved and have been extremely successful," said Platini.

"Everyone can see how far we have come. The losses of the European clubs, which in 2011 had reached the amount of € 1.7 billion, narrowed to 800 million in 2013. This is over 50% reduction in less than two years, "he added.

Imposed by UEFA financial fair play rules do not allow the teams to spend more than the attracted revenue within one season.

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