Moment of truth for UEFA: Financial Fair Play ruling due in 2015 megaliths
UEFA's new system of financial regulation faces judgment in the European courts -- but not before 2015.
UEFA, the body which governs soccer in Europe, introduced Financial Fair Play (FFP) at the start of the 2012-13 season as a way of preventing clubs from spending beyond their means and posting unsustainable yearly losses.
The rules give UEFA sweeping powers, including exclusion from the lucrative Champions League, to punish financially recalcitrant clubs.
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However the regulations have been challenged by an Italian football agent who claims FFP breaches European Union competition laws.
Daniel Striani has hired the lawyer that helped revolutionize the way football's transfer system works to fight his corner.
'The court has now issued the procedural calendar : hearing in February 2015 and therefore the judgment can be expected around March or April 2015,' Jean-Louis Dupont, who in 1995 helped Belgian footballer Jean-Marc Bosman change European law to allow players to move for free at the end of their contracts, told CNN.
Striani's complaint argues UEFA's 'break-even rule' restricts competition -- a key principle of European Law -- and will reduce the number of transfers.
That could potentially lower players' salaries -- and by implication agents' fees -- prompting Striani to lodge the complaint with the Commission.
Uefa is confident it will win the case, arguing that the European Commission, the European Parliament, as well as European clubs, leagues and players' unions have all been fully supportive of FFP.
Read: 'Winter' World Cup for Qatar
However the regulations have been challenged by an Italian football agent who claims FFP breaches European Union competition laws. That could potentially lower players' salaries -- and by implication agents' fees -- prompting Striani to lodge the complaint with the Commission. Uefa is confident it will win the case, arguing that the European Commission, the European Parliament, as well as European clubs, leagues and players' unions have all been fully supportive of FFP. 'The court has now issued the procedural calendar : hearing in February 2015 and therefore the judgment can be expected around March or April 2015,' Jean-Louis Dupont, who in 1995 helped Belgian footballer Jean-Marc Bosman change European law to allow players to move for free at the end of their contracts, told CNN. That could potentially lower players' salaries -- and by implication agents' fees -- prompting Striani to lodge the complaint with the Commission. Read: 'Winter' World Cup for Qatar UEFA, the body which governs soccer in Europe, introduced Financial Fair Play (FFP) at the start of the 2012-13 season as a way of preventing clubs from spending beyond their means and posting unsustainable yearly losses. That could potentially lower players' salaries -- and by implication agents' fees -- prompting Striani to lodge the complaint with the Commission. Striani's complaint argues UEFA's 'break-even rule' restricts competition -- a key principle of European Law -- and will reduce the number of transfers. UEFA's new system of financial regulation faces judgment in the European courts -- but not before 2015. UEFA's new system of financial regulation faces judgment in the European courts -- but not before 2015. Striani's complaint argues UEFA's 'break-even rule' restricts competition -- a key principle of European Law -- and will reduce the number of transfers. Daniel Striani has hired the lawyer that helped revolutionize the way football's transfer system works to fight his corner. Daniel Striani has hired the lawyer that helped revolutionize the way football's transfer system works to fight his corner. Striani's complaint argues UEFA's 'break-even rule' restricts competition -- a key principle of European Law -- and will reduce the number of transfers. Daniel Striani has hired the lawyer that helped revolutionize the way football's transfer system works to fight his corner. 'The court has now issued the procedural calendar : hearing in February 2015 and therefore the judgment can be expected around March or April 2015,' Jean-Louis Dupont, who in 1995 helped Belgian footballer Jean-Marc Bosman change European law to allow players to move for free at the end of their contracts, told CNN. That could potentially lower players' salaries -- and by implication agents' fees -- prompting Striani to lodge the complaint with the Commission. Daniel Striani has hired the lawyer that helped revolutionize the way football's transfer system works to fight his corner. UEFA's new system of financial regulation faces judgment in the European courts -- but not before 2015. Read: 'Winter' World Cup for Qatar Uefa is confident it will win the case, arguing that the European Commission, the European Parliament, as well as European clubs, leagues and players' unions have all been fully supportive of FFP. Uefa is confident it will win the case, arguing that the European Commission, the European Parliament, as well as European clubs, leagues and players' unions have all been fully supportive of FFP. UEFA's new system of financial regulation faces judgment in the European courts -- but not before 2015. Uefa is confident it will win the case, arguing that the European Commission, the European Parliament, as well as European clubs, leagues and players' unions have all been fully supportive of FFP. Read: 'Winter' World Cup for Qatar 'The court has now issued the procedural calendar : hearing in February 2015 and therefore the judgment can be expected around March or April 2015,' Jean-Louis Dupont, who in 1995 helped Belgian footballer Jean-Marc Bosman change European law to allow players to move for free at the end of their contracts, told CNN. Uefa is confident it will win the case, arguing that the European Commission, the European Parliament, as well as European clubs, leagues and players' unions have all been fully supportive of FFP.
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