Arsenal Manager Arsene Wenger has come out to say that
the UEFA's Financial Fair Play rules have failed and could be scrapped
altogether in the future. Wenger was an advocate of financial restrictions when
they were first introduced and has long operated within Arsenal's
'self-sustaining' business model.
Wenger first voiced concerns about a softening of the rules as far back as 2015, and in the wake of Neymar's recent world-record transfer to Paris Saint-Germain he said once a country owns a club, everything is possible. PSG are now the subject of an FFP investigation, but Wenger has suggested the restrictions could be abandoned completely in the future to attract bigger investment from overseas.
Wenger first voiced concerns about a softening of the rules as far back as 2015, and in the wake of Neymar's recent world-record transfer to Paris Saint-Germain he said once a country owns a club, everything is possible. PSG are now the subject of an FFP investigation, but Wenger has suggested the restrictions could be abandoned completely in the future to attract bigger investment from overseas.
He said “Financial Fair
Play raises new questions, today I am not very convinced that we can maintain
it. Football is maybe only at the start of a huge financial investment. It has
become the most powerful sport in the world. That means, do we have to open the
door completely? To investments? That is a question we have to raise, because
at the moment it looks like we have created rules that cannot be respected. Nothing
works when you create rules that cannot be respected. Maybe we are at the
crossroads and have to think, do we open it completely? Freedom to investment
for people like the Chinese or Americans who want to invest here? Why not? If
you want to remain the best league in the world, that is certainly the way we
have to go.”
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