European football’s governing body UEFA are weighing up possible modification to the current Financial Fair Play system according to a report from The New York Times.

UEFA are considering possible changes that could be made to the system due to the financial damage that Coronavirus has had on football clubs in Europe.

As things stand, club owners are unable to just freely invest cash into the team due to the rules in place which prevent clubs competing in the Champions League and Europa League from spending more than they earn.

The report goes on to state that club owners may need to invest large sums of cash due to the current situation and  in the coming weeks a proposal on how Financial Fair Play could be changed could be presented by one of the working groups set up by UEFA.

It also goes on to state that UEFA are continuing to explore ways in which the season could possibly resume. As things stand, nearly every European league is on hold due to Coronavirus and it remains to be seen whether or not the season will be able to resume.