UEFA Relaxes Financial Fair Play Rules But Sends Warning To Potential Abusers
European soccer body UEFA has temporarily relaxed its break-even rule known as Financial Fair Play, saying it wants to make sure that clubs are not penalized for unforeseen losses caused by the COVID-19 pandemic this season.
The European soccer body said in a statement that clubs' accounts for the 2020 and 2021 financial years would be assessed together rather than separately, to give clubs time to recuperate from losses suffered during the last three months.