Previous
Ottawa Fury FC
FC Edmonton
11:00 PM GMT
Game Details
Sporting Kansas City
FC Dallas
1:00 AM GMT May 30, 2015
Game Details
New Zealand U20
Ukraine U20
1:00 AM GMT May 30, 2015
Game Details
USA U20
Myanmar U20
4:00 AM GMT May 30, 2015
Game Details
Argentina U20
Panama U20
4:00 AM GMT May 30, 2015
Game Details
Next

Aston Villa vs. Arsenal in FA Cup final

50-50 Challenge
Read

No. 30: Joe Hart, Man City

PremRank
Read

No. 29: Michael Carrick, Man Utd

PremRank
Read

No. 28: Oscar, Chelsea

PremRank
Read

No. 27: Aaron Ramsey, Arsenal

PremRank
Read

No. 26: Daniel Sturridge, Liverpool

PremRank
Read
By ESPN Staff

Platini: No one will escape new rules

Michel Platini has warned that even Europe's biggest clubs will have to "face the music'' if they do not comply with UEFA's new financial fair play rules.

UEFA's latest figures show that financial problems affecting European clubs are getting worse, with spending on player wages up almost 10% - and increasing at a faster rate than income.

Under their new rules, clubs will face possible bans from European competition from the 2014-15 season if they spend more than they earn in the three years before.

Manchester City's recent £121 million losses mean they are the club in England facing the greatest difficulty to abide by the rules - even though owners are also allowed to inject £12 million a year (€15 million) into their club.

Leading Italian clubs also face problems but UEFA president Platini said whatever their stature, the European governing body would not hesitate to take action.

Platini, speaking at UEFA's headquarters in Nyon, Switzerland, said: "If a club doesn't fall in line and follow the same rules as everyone else then it will be time to face the music. Certainly it is not something we want to see.

"Our objective is not to put clubs into financial difficulty. Financial fair play is to help them escape from this devilish spiral and have a viable economic strategy in the long term. This is not a witch-hunt, this is so they no longer continue blindly and mindlessly.''

Manchester City have already sent officials to meet UEFA about complying with the financial rules.

Andrea Traverso, UEFA's head of licensing, said: "We are in talks with the club - they are aware of the rules and they probably have a strategy to raise their income. They have been to see us and they are confident that they can manage this challenge.''

Platini added: "Last year in Abu Dhabi I met up with the owner of Manchester City and he promised they would live with the rules and regulations.''

The European Clubs' Association (ECA) has thrown their weight behind the new rules.

ECA chairman Karl-Heinz Rummenigge said: "It's time to step on the brake and bring a bit of rationality to football."

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.