Column: UEFA need to revive Financial Fair Play
PA Images | "Clubs should be required to submit their information directly to UEFA and be prepared to directly answer questions on their compliance with regulations. The burden of proof for this review needs to be on the club, including providing the details of funding from their sponsors," writes Forensic Risk Alliance in this column. Pictures is four men standing on the terrace of the UEFA headquarters on Lake Geneva in Schwitzerland.
Leading consultants in corruption and fraud investigations call for a change of rules if Financial Fair Play is to have any meaningful impact in the future.
Forensic Risk Alliance (FRA) point out a number of issues with the current rulebook, which proved inadequate in the Manchester City case and need to learn from best practice in other regulated industries.
FRA suggests that UEFA should implement a risk-based compliance monitoring approach and make clearer incentives for cooperation.
17 September 2020 - 2:02 PM
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