Borussia Dortmund CFO says easing restrictions on overdue payables could "harm" market for receivable financing

As more transfers are paid in instalments clubs are increasingly using receivable financing to equalise cash flows.

This has led to the entry of new financiers such as MSD Capital and OLB, a welcome development driving competitiveness in the market, according to Borussia Dortmund CFO Thomas Tress.

However, UEFA has due to Covid-19 eased the regulations on overdue payables potentially pulling the rug from the otherwise almost risk-free system.