UEFA eases club finance rules for one year due to pandemic - Sportsnet.ca

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UEFA eases club finance rules for one year due to pandemic - Sportsnet.ca
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To assist its clubs in a time of financial instability, UEFA has eased its rules for monitoring club spending.

“The adverse impact of the pandemic is neutralized by averaging the combined deficit of 2020 and 2021 and by further allowing specific COVID-19 adjustments,” Europe’s soccer body said in a statement after an executive committee meeting.

The new suggested date is one day before UEFA’s deadline for registering squads to play in the Champions League and Europa League. The group stages begin from Oct. 20-22, one month later than usual.

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