How The New Financial Fair Play Affects YOUR Club! | Explained

In our latest Euro Football Daily Explained, we are looking at the changes UEFA has made to Financial Fair Play. The new updated rules, called Financial Sustainability and Club Licensing Regulations (FSR), are scheduled to take hold in June 2022.
UEFA claims FSR will help clubs combat the modern pressures that football faces today, after the pandemic shattered revenue streams across the continent. They have also given more independence to clubs looking to loosen the purse strings.
But what was wrong with FFP? Did it do enough to challenge clubs like PSG and Manchester City? And will FSR be widely accepted by the football community? Watch on to find out!
► SPONSOR THIS VIDEO: [e-mail]
► SUBSCRIBE to FOOTBALL DAILY PODCASTS: bit.ly/3moyeMO
► JOIN THE FAN RUN FD FAMILY DISCORD: / discord
► FOLLOW US ON TWITTER:
/ efdsquad
► FOLLOW US ON INSTAGRAM:
/ efdsquad
► SIGN UP FOR A FREE SMARTERSCOUT MEMBERSHIP HERE: smarterscout.com/
This is Euro Football Daily - the home of European football on TH-cam. On this channel you'll find Continental Club, Top 10s, Scout Reports, Euro Transfer Talk, Stat Wars, The Football Pyramid and much more. If you love European football as much as us then don't forget to subscribe!

[@lwandomadikizela2213]

FFP has always been a failure since PSG and City found loopholes to beat it. It benefits the big clubs and screws over the small clubs.

[@alangrg4491]

Still the same as rich will get richer and poor will stay poor.

[@jackbrownio3]

FFP has always been about trying to protect the status quo of the already elite. Teams like Derby, Bury, Macclesfield still go bust due to the failure to stop smaller clubs overspending, whilst clubs that gain new money aren’t allowed to spend their cash and catch up to the big boys

[@It_is_common_sense]

The Chairman at Leeds United was to blame in that case but he is now a leading figure in the Championship governing body. Why isn’t he banned from being involved in football ever again?

[@cickducker6963]

Will QPR still have the biggest fine in sporting history? Yes. Farce

[@gm2407]

This will kill off the lower leagues. The fact UEFA also now has a conferance league shows that UEFA are transitioning to a UEFA pan European super league pyramid with all national leagues being crippled.

[@rockyym]

While clubs like City and PSG makes uefa rules looks like joke.

[@halfvolley11]

FFP was made to promote the English Premier League - PERIOD.

[@Mikejames1080]

So how come Manchester United are allowed to be half a billion in debt?

[@Not1Dimensional]

How convenient for Man City. It waits before Newcastle can spend big money. In order for someone to challenge City and make the Premier League more exciting we need another club who has a rich owner that can spend a tonne more.

[@jonahthrane812]

FFP was easy to get around. Firstly, even if you didn't want to buy players yet, a billionaire owner could pay millions to improve the academy and scouting and training facilities, I think that includes the coaches themselves, so you could just hire the best instantly. You could then start buying young players to be in you academy, maybe for as little as nothing in many cases. Then you wait 10 years and you'll start getting first team players from the academy, and you supplement with a few smart signings because you have a good scouting department.

[@johnnysmith80]

I’m not interested in long contacts, whether a clubs got a new owner, profits or any other excuse. They should make it simple. You are not allowed to spend more that 300 million in a season period. Then they would be no loopholes.

[@12thMandalorian]

A salary cap like in the NFL is a must

[@mancuniangamecat8288]

Man utd, Barcelona Real Madrid and other clubs with massive debts made a mockery of FFP. Just look at Barcelona now its come back to bite them on the arse.

[@jaziejay1]

Only counts in England look at state of Barca and CO

[@Luke-gn9yl]

So PSG helped draft these rules…nothing will change

[@kostashello9438]

The new ffp cost control start from 1 january 2023?its sure?

[@rezaesmaili10]

Very good

[@Blurifying]

affect*

[@Noelito40]

Accountants stay up all night trying to think of ways around financial regulations, and be it FFP or, FSR, or LBW, these new rules will be the same!! EUFA is primarily concerned about overly-leveraged clubs, because such clubs, were they to go bankrupt, could leave EUFA and players owed money, and that's all EUFA care about in terms of protecting. When it comes to state owned i.e sportswashing clubs, EUFA won't care what they spend because they know the clubs can't go bust, and if there are any debtors those debtors can claim against the state owner. So these rules will always benefit the clubs with the richest owners.