Source: Daily_Mail
Platini's plan to curb English spending is never going to happen - Scudamore
Premier League chief executive Richard Scudamore believes UEFA's ambitious plans to limit club's spending are 'never going to happen'.[LNB]European football's governing body last week backed plans put forward by president Michel Platini to prevent clubs spending more than they earn.[LNB]UEFA would have the power to ban clubs from the Champions League and Europa League, but Scudamore believes the so-called 'financial fair play' initiative is flawed.[LNB] Thing of the past? Manchester City's summer spending spree on Carlos Tevez and Co would fall foul of UEFA's new rules[LNB]Defiant: Richard Scudamore[LNB]'Ultimately, you will have to do things like levelling out all the tax rates, levelling out all the state subsidies in stadia,' Scudamore told talkSPORT. [LNB]'So if you are going to have financial fair play, which we don't think you can realistically do, you would have to level out all these things. That's never going to happen in our view. [LNB]'You'd have to level out immigration in terms of the rules that allow players (into a country). These are concerns that we have, but they have to be put in to the mix of all the other vagaries.[LNB]'It's unrealistic because ultimately if you're going to regulate how much a club can spend to its earnings, then you have to regulate earnings, every single bit of it.[LNB] Big idea: UEFA president Michel Platini wants to curb excessive spending[LNB] [LNB]'You'd have to regulate everyone's ticket pricing. If you were going to regulate costs as a percentage of income then you would have to regulate income and surely we're not going to regulate income. That would be impossible.'[LNB]Many have interpreted the new rules as an attack on English football's dominance in European football. [LNB]UEFA are trying to limit the ability of billionaires buying into a club and delivering success with lavish spending, as happened with Chelsea when Roman Abramovich became owner.[LNB]Manchester City's current spree would cause Platini concern and the level of debt carried by Manchester United and Liverpool is another issue UEFA wants to tackle.[LNB] MARTIN SAMUEL: Europe's elite are left with pots of troubleCristiano Ronaldo's £80m switch sees Real Madrid debt soar to £296mAbramovich and Co must cut wild spending, says UEFA finance guruFIFA chief Sepp Blatter promises to get tough on teenage transfers and holds Chelsea ban up as example Explore more:People:Roman Abramovich
