UEFA President Aleksander Ceferin has revealed that changes to the current Financial Fair Play system are on the way as part of the 43rd UEFA congress which is being held in Rome.

“We will adapt the financial fair play rules to establish a new European balance in which everyone can find their rightful place.

“The initial objectives of financial fair play have been achieved. European clubs are financially healthier than ever, the problem of debt has been sorted out in many countries, and unpaid debts owed to clubs, coaches and players seem to be becoming nothing more than a bad memory.”

He concluded by admitting that the changes will allow clubs to realise their “full development potential” – something many people feel is not possible with the system as it is.

“Now it is time to move to the second phase of this major European project, in consultation with the ECA, so that every European club can exploit its full development potential.”