Monday 5 December 2016

Platini set to stay

Published 26/03/2010 | 05:00

UEFA president Michel Platini will stand for a second term in office when his current run ends next year, he told delegates at the European governing body's annual congress yesterday.

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The 54-year-old Frenchman, who succeeded Lennart Johansson as president in 2007, is expected to be unopposed when the decision is made at the next UEFA Congress in May 2011.

Platini told delegates in a simple statement: "I am happy man, a happy president and happy to work with you."

Platini added that his plans outlined at last year's Congress in Copenhagen for "financial fair play" -- where clubs in European competition should only be allowed to spend what they earn -- remained one of the biggest challenges if the game is to survive.

"I told you that it was vital for football and the future of our clubs that they should respect clear rules on the management of their finances," Platini said.

"A UEFA Club Financial Control Panel has been set up, involving some of the top experts on these issues. . . It is now established that, from the 2012/'13 season, clubs participating in European competitions will have to follow a simple but demanding rule: they will not be allowed to spend more than they earn."

Irish Independent

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