November 11 – The European Club Association (ECA) is to host its first workshop on financial sustainability next week with more than 130 delegates expected in Geneva, Switzerland.
The ECA, UEFA and FIFA will present the newly approved UEFA Club Licensing and Financial Sustainability Regulations, as well as the new FIFA Clearing House Regulations. A roundtable on the upcoming FIFA Agents Regulations will also be held.
The ECA says the new financial regulations “represent an important milestone for the entire European club landscape” and “offer a genuine path to stability and sustainability for clubs of all sizes as they directly tackle costs for the first time, while also retaining, evolving, and strengthening the most effective elements of the current Financial Fair Play (FFP) system.”
Hugo Hamon, ECA Head of Finance Strategy & Operations, said: “The ECA Financial Sustainability Workshop will be a unique event in that it is the first ECA workshop focusing specifically on financial and regulatory issues. Gathering the club financial community together is good way for ECA to ensure the clubs have the correct understanding and achieve a good implementation of the new UEFA regulations and reforms.”
The two-day event, November 15-16, will focus on the first day on the new financial sustainability rules, while the second day will see a presentation by FIFA officials on the new FIFA Clearing House Regulations.
Mario Flores, ECA Head of Sports Legal, said: “The international football regulatory landscape is getting more complex by the minute. The ECA Financial Sustainability Workshop will be a unique and extraordinary opportunity for ECA Member Clubs to obtain first-hand knowledge of the most recent regulations issued by UEFA and FIFA. During the workshop, ECA Members will hear directly from the governing bodies how the new regulations on Financial Sustainability, the FIFA Clearing House and the Football Agents’ Regulations will impact their day-to-day business.”
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