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Uefa bangs the drum for financial play

Uefa is arguing that financial fair play has brought financial stability to European football: Financial fair play

New figures analysing the finances of 718 first-division clubs in Europe, compiled by UEFA’s financial sustainability and research division and which cover the period up to and including December 2017, show that in 2017, for the first time on record, European top-division club football was profitable.

UEFA's President stated: 'Thanks to Financial Fair Play, European football is healthier than ever. The €600 million combined profits of the clubs in 2017 is a remarkable improvement on the €1,700 million combined losses in 2011 when UEFA’s Financial Fair Play regulations were introduced. This clearly demonstrates that Financial Fair Play works.'

The figures also reveal that club balance sheets are stronger than ever before, with assets €7,700 million higher than debts and liabilities, compared to €1,900 million at the start of 2011.

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