19-06-2020, 12:00 PM
I read it today in The Guardian I think it was.
It states that the current 2020 financial year will not be assessed at all under FFP procedures, and will instead be rolled up into 2021, and the two years assessed together as a single financial period.
Uefa also confirmed that clubs would be allowed losses in excess of €30m as long as they show this was caused by falls in revenues because of the shutdown caused by Covid 19.
It states that the current 2020 financial year will not be assessed at all under FFP procedures, and will instead be rolled up into 2021, and the two years assessed together as a single financial period.
Uefa also confirmed that clubs would be allowed losses in excess of €30m as long as they show this was caused by falls in revenues because of the shutdown caused by Covid 19.