The European Leagues welcomes the approval and introduction of the new Club Licensing and Financial Sustainability Regulations which were endorsed today by UEFA Executive Committee.

During the past two years the European Leagues has debated intensively both with its Member Leagues as well as with UEFA regarding this set of new financial regulations for international club competitions which is targeting to improve the long-term financial sustainability of clubs across Europe.

Although our member leagues had various opinions on some elements of the new regulations, a large majority of European Leagues’ members agreed on important matters such as strengthened overdue payable rules, the football earnings rule, squad cost and strengthened sanction mechanisms which were well reflected in the new UEFA Financial Sustainability Regulations.

The implementation of the new regulation now remains decisive. We thank UEFA for the good consultation process.

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