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The Jewish Chronicle

Platini needs to lighten up

April 1, 2010 10:56

By

Martin Samuel

2 min read

Now that the Uefa president's disastrous financial fair play regulations are almost upon us, it is interesting to note others are waking up to the reality.

The Times devoted two detailed pages to the proposals last week, including a commentary from the respected industrial editor that called Michel Platini's proposals a regulatory minefield and pointed out that debt is invariably necessary to fund growth (you would never own a home were you not allowed to be in debt).

It is nice of everybody to join the opposition, but it may be too late. Certain individuals (well, OK then, me) have been ploughing a pretty lonely furrow on this subject for several years. We have lost. Those who see football as an accountancy problem have won.

When Platini gets his way the dream that a wealthy man might buy your club and propel it to the stars is over.