UEFA

UEFA’s head of Financial Fair Play, Andrea Traverso spoke to Gazzetta dello Sport on the Milan clubs FFP situations: “Milan will not be an exception to Financial Fair Play, because no club enjoys an exception. Certainly Milan can’t just do what they want, if they’re buying it’s because they intend to return to high levels.”

Traverso then discussed the difference between the Nerazurri’s situation to the Rossoneri’s: “The difference with Inter? It’s hard to explain, but for one thing Milan weren’t in Europe and therefore weren’t subject to FFP. The market isn’t over, the sums will add up in the end.”

Traverso concluded with an overview of FFP: “The rules are the same for everyone, if a club buys then we’ll assume they’ve balanced the accounts. If not, they’ll be punished, but we can’t stop them buying. We’re pleased with FFP, we’ve achieved unprecedented results over the past few years. In 2010 football lost €1.7bn, now it’s under €300m. The system is growing, it’s financially sustainable… but… in the last two years something unpreventable has changed. The rich are richer and the poor are poorer. The world is going in that way, and football is no exception, but football isn’t an industry like any other, it’s a competition.”

Source: FCInterNews.it