UEFA implements ‘financial fair play’ test

MANCHESTER UNITED insist they will pass the new UEFA ‘financial fair play’ test which is set to become part of European football’s rules today.

Under the regulations to be rubber-stamped by UEFA’s executive committee today, clubs in European competition will only be allowed to spend what they earn – although some leeway will be given for the first six years of the scheme.

Clubs will also still be permitted to have large debts, but only if they can service the interest payments as part of their overall spending.