Reform of Financial Fair Play – Carro: A compromise

"A lot of different interests have to be considered in this process. It was and is important to us that there is no free ride for dubious business activities," said Fernando Carro, chairman of the Bayer 04 board.

FFP proved to be vulnerable in the past because rules could be avoided. "Against that background, we as the Bundesliga must and can live with the compromise reached," added Carro. The ECA with its 240 members, including numerous Bundesliga clubs such as Bayern Munich and Borussia Dortmund alongside Bayer 04, has played a considerable part in the follow-up ruling to FFP. The results now have to be approved by the executive committee at UEFA.

Media reports have recently said that UEFA will decide on the updated FFP in April. It is believed clubs will only be able to spend up to 70% of their income on transfers, salaries and agents fees. But the salary cap demanded by many will not happen.

one Million Euros for Ukraine aid

The difference between income and expenditure may be balanced out by external investors to the sum of up to €30 million per season. Up to now it has been €10 million per season. The unlimited flow of money from investors, primarily feared by German clubs, will thereby be avoided. The ECA has also decided to give €1 million to help people from the Ukraine affected by the war. This "first financial contribution" is to be used to support a range of initiatives by ECA member clubs.