I think the changes went through on the 29/30th of June mate.
UEFA relaxes Financial Fair Play rules as president Michel Platini aims to increase investment in European clubs
UEFA has lifted some Financial Fair Play restrictions on club spending They will make more teams competitive and attractive to investors
Clubs will be allowed period of accelerated spending if they present affordable business model
But they must prove they will return to even spending within three years
Manchester City and Paris Saint-Germain among clubs sanctioned in 2014
By Rob Harris, Ap
Published: 08:06, 30 June 2015 | Updated: 11:35, 30 June 2015
European football is lifting some of the restrictions on club spending in an attempt to make more teams competitive and ensure clubs are more attractive for new investors.
UEFA on Monday agreed to relax some of its Financial Fair Play rules, allowing clubs a period of accelerated spending on players if they present an affordable business model and show they are not 'gambling on success.'
The loosening of the rules comes after UEFA found that collective losses by clubs decreased by 70 per cent over the last three years, pointing to how European football grew despite the tough economic climate on the continent.
UEFA president Michel Platini has unveiled relaxed Financial Fair Play rules in Prague
'We are just evolving from a period of austerity to one where we can offer more opportunities for sustainable growth and development,' UEFA president Michel Platini said.
FFP has been the flagship scheme of Platini's presidency since being launched in 2009.
The rules have been criticised for protecting commercially successful elite clubs from challenges by ambitious opponents, with the biggest sanctions in 2014 imposed on Abu Dhabi-owned Manchester City and Qatar-funded Paris Saint-Germain.
UEFA acknowledged that the regulations, which were designed to curb losses, put off some prospective buyers of clubs who believed their ability to spend on strengthening the squad would have been too heavily restricted.
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