Resistance against reform idea for financial fair play
The club association ECA is critical of UEFA’s reform efforts in the financial fair play of UEFA. There is also criticism of the luxury tax from other quarters.
The influential club association ECA is critical of the reform efforts to date in the Financial Fair Play of the European Football Union (UEFA) and says:”I still lack the right powerful measures to make it an effective new FFP 2.0 system. And this is exactly where we are trying to support UEFA,”said ECA board member Michael Gerlinger, also Director of Law at record champion Bayern Munich, Sport Bild.
UEFA President Aleksander Ceferin’s plan to levy a kind of “luxury tax” on transfers is not expedient:”The proposal does not imply an absolute limitation of the transfer amount. Rather, it stipulates that a kind of levy is to be paid in stages on the replacement, for example from 80 million euros three percent, from 90 million five percent and so on,”he said:”If a player costs 210 million euros through a luxury tax instead of 200 million euros – does anyone think that the player would not be bought because of this? That doesn’t even matter in these dimensions, which is why the ECA executive board rejected the luxury tax.”
FIFA’s ideas of working according to objective criteria, such as how long a player has been in the club, or whether he has been trained there,”completely misses reality,” said Gerlinger, who has been working on the ECA Executive Board since last September:”Of course, the market determines the prize.