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...