Richard Scudamore insists that Chelsea and Manchester City will be able to meet UEFA’s Financial Fair Play rules.
The FFP will be in place next season, and all the Premier League clubs will have to break-even over a three-year time-span. The rules are simply that all clubs will no longer be able to spend more than they earn in order to gain an advantage over their rivals.
The Premier League chief said: “If you look at what has happened with Manchester City’s latest accounts, when you see what has happened with Chelsea’s, there has clearly been some action taken by those clubs to get themselves into the zone where they should be able to qualify,” Scudamore told BBC Radio 5 Live’s Sportsweek.
“When you look at the way they are increasing their revenue and you look at the way we will be increasing their revenue through television deals, there is a direction of travel here that makes it eminently possible.
“If you look at the trajectory and direction of the revenue, it is about not making losses – and one of the easiest ways of not making a loss is to increase your revenue.”
He admitted that Chelsea and Man City would struggle most to reach this target, but is confident the clubs can make it.
He added: “Probably we will see the clubs just about get there. It will be tight for a couple, but we will all get there.
“It will be tight for Chelsea and Manchester City. That is fairly obvious when you look at the sustained losses they have had over the last few years, but I know the executives there are working hard and are not ignoring it.”
We won’t be able to buy £50Million flops like Fernando Torres anymore, but with the increase in revenue we will still hold financial strength. This will be good for football in the long run. Maybe Roman will think twice about sacking managers with expensive pay-outs in future? Maybe not…
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