UEFA: "With Financial Fair Play club losses have fallen by 70%" (Michel Platini)

With the Financial Fair Play rules introduced by UEFA in 2012-13, the "cumulative losses of European clubs decreased from €1.7bn (in 2011-12) to €487m (in 2014-15, corresponding to a 71.3% reduction) and wage inflation has stopped," said Michel Platini, the president of UEFA, in Monaco on 28/08/2015.

The European body has implemented revised regulations for the licensing of clubs and Financial Fair Play for the 2015-2018 cycle on 01/07/2015. "This is in order to encourage more growth, more competition and more market stimulation while maintaining control on overspending. We want people to invest in football, but we want healthy investment," explained Gianni Infantino, the general secretary of UEFA.

Three other topics were on the agenda this autumn press conference, held on the sidelines of the draws for the group stage of the 2015-16 Champions League (on 27/08/2015) and the Europa League (on 28/08/2015):

• The new distribution system of monies to clubs involved in the Champions League and the Europa League for the 2015-2018 cycle;
• The preparation and build-up to Euro 2016;
• And…