"The teams who play in our tournaments have unanimously agreed to our principles…living within your means is the basis of accounting but it hasn't been the basis of football for years now. ![]() We don't want to kill or hurt the clubs on the contrary, we want to help them in the market. They have spent more than they have earned in the past and haven't paid their debts. "Fifty per cent of clubs are losing money and this is an increasing trend. ![]() On announcing the new legislation, former UEFA President Michel Platini said: ![]() Implementation of FFP took place at the beginning of the 2011-12 season, and rules were agreed to in September 2009 by the Financial Control Panel of UEFA.
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