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UEFA need tough financial fair play sanctions, insists Ajax’s director

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The two giants of Dutch and English football have decided to team up in a bid to put pressure on European football’s governing body to toughen up their current rules for imposing sanctions on clubs that fail to balance their accounts.
A lot of clubs have seen tough days after years of accumulating losses. This is now having a domino effect on clubs, and the end result would be something that no club wants to imagine.
In recent months, Scottish giants, Glasgow http://www.senore.com/Football-soccer/Rangers-c40314 were declared insolvent for recording financial irregularities while many other clubs could follow suit.
Ajax Amsterdam and http://www.senore.com/Football-soccer/Liverpool-c39809 are of the view that UEFA needs to revise and revamp its current financial fair play ruling if the governing body really aspires to make clubs aware of the seriousness of the situation.
The Amsterdammers director, Henri van der Aat, has expressed his thoughts on the matter, and has insisted that holding back prize money will not be enough.
This summer, Atletico Madrid’s prize money for lifting the Europa League was held back after the residents of http://www.senore.com/Football-soccer/Vicente-c36001 Calderon failed to balance their books.
“We need tough sanctions. If you don’t pay the prize money to a club like Real Madrid, it will have no effect”, Van der Aat was quoted as saying to the media.
The Amsterdammers chief also insisted that UEFA must exclude clubs, which fails to provide balanced accounts, from playing in the Europe’s most prestigious club competition.
“We must exclude clubs from the Champions League. The tournament can survive without one or two of the best clubs, as there are plenty of good teams”, Van der Aat concluded.
UEFA’s financial fair play ruling will come in full swing in two years, and it is important for clubs with financial irregularities to get their act straight before 2014.
In http://www.senore.com/Football-soccer/France-c2899, several clubs have already started working on balancing their books, with the Ligue de Footballeurs Professionnel (LFP) deducted two points from Ligue 1 side, AC Ajaccio, for not being able to meet the financial requirements in a preseason meeting.
Such measures are indeed harsh, but will be only helpful for the game in future.

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