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Jul 3, 2015

UEFA eases restrictions on Manchester City, PSG

BERNE (Reuters) – UEFA has eased restrictions placed last year on big-spending Manchester City and Paris St Germain as part of its break-even financial fair play (FFP) rules, European football’s governing body said on Friday.

UEFA said it had also lifted “a number of restrictions” on transfer activity and wages which had been placed on the clubs as part of settlement deals one year ago. Restrictions on squad sizes for European competition have also been eased.

Jul 3, 2015

Soccer-UEFA eases restrictions on Manchester City, PSG

BERNE, July 3 (Reuters) – UEFA has eased restrictions placed last year on big-spending Manchester City and Paris St Germain as part of its break-even financial fair play (FFP) rules, European soccer’s governing body said on Friday.

UEFA said it had also lifted “a number of restrictions” on transfer activity and wages which had been placed on the clubs as part of settlement deals one year ago. Restrictions on squad sizes for European competition have also been eased.

Jun 30, 2015

Olympiakos Champions League spot safe for now

PRAGUE (Reuters) – Olympiakos Piraeus are keeping their spot in the Champions League for the time being despite investigations in Greece into the club’s owner Vangelis Marinakis, UEFA said on Tuesday.

Marinakis was banned from soccer earlier this month and has also been ordered to report to police every 15 days on strict bail terms.

Jun 30, 2015

Soccer-Olympiakos Champions League spot safe for now

PRAGUE, June 30 (Reuters) – Olympiakos Piraeus are keeping their spot in the Champions League for the time being despite investigations in Greece into the club’s owner Vangelis Marinakis, UEFA said on Tuesday.

Marinakis was banned from soccer earlier this month and has also been ordered to report to police every 15 days on strict bail terms.

Jun 30, 2015

We did not block FIFA reforms: UEFA

PRAGUE (Reuters) – UEFA has hit back at suggestions that it and other continental confederations have been responsible for blocking reforms aimed at cleaning up soccer’s scandal-plagued world governing body FIFA.

UEFA general secretary Gianni Infantino said there were enough mechanisms in place to ensure that only officials with a clean past were elected on to FIFA committees.

Jun 30, 2015

Soccer-We did not block FIFA reforms – UEFA

PRAGUE, June 30 (Reuters) – UEFA has hit back at suggestions that it and other continental confederations have been responsible for blocking reforms aimed at cleaning up soccer’s scandal-plagued world governing body FIFA.

UEFA general secretary Gianni Infantino said there were enough mechanisms in place to ensure that only officials with a clean past were elected on to FIFA committees.

Jun 30, 2015

Cardiff to host 2017 Champions League final

NYON, Switzerland (Reuters) – The Millennium Stadium in Cardiff will host the 2017 Champions League final, UEFA general secretary Gianni Infantino said on Tuesday.

The Friends Arena in Stockholm will be the venue for the 2017 Europa League final.

Jun 30, 2015

Soccer-Cardiff to host 2017 Champions League final

NYON, Switzerland, June 30 (Reuters) – The Millennium Stadium in Cardiff will host the 2017 Champions League final, UEFA general secretary Gianni Infantino said on Tuesday.

The Friends Arena in Stockholm will be the venue for the 2017 Europa League final.

Jun 29, 2015

UEFA softening break-even rule to attract investors

PRAGUE (Reuters) – UEFA has softened its break-even ‘Financial Fair Play (FFP)’ regulations in an attempt to encourage investment in European club soccer and move from “austerity to sustainable growth”.

General secretary Gianni Infantino said FFP, implemented in 2012, had succeeded in curbing potential ruinous excessive spending by teams desperate for success and it was now time to encourage investors who may have been inhibited by the rules.

Jun 29, 2015

Soccer-UEFA softening break-even rule to attract investors

PRAGUE, June 29 (Reuters) – UEFA has softened its break-even ‘Financial Fair Play (FFP)’ regulations in an attempt to encourage investment in European club football and move from “austerity to sustainable growth”.

General secretary Gianni Infantino said FFP, implemented in 2012, had succeeded in curbing potential ruinous excessive spending by teams desperate for success and it was now time to encourage investors who may have been inhibited by the rules.