The Liverpool coach commented on lifting the penalties that would have prevented Manchester City from playing in the Champions League for two seasons, and said that the rules of fair financial play must be respected to prevent individuals and companies from changing the soccer map.
In February, UEFA decided to deprive City of European participation for two years for violating the rules of fair financial play.
But the sports arbitration court overturned the decision yesterday, and ruled that the English club did not violate the rules of fair financial play, and imposed a fine of 10 million euros on City for not cooperating with UEFA.
Klopp spoke at a press conference today, Tuesday, about the decision of the Sports Arbitration Court, and said, "I do not know if I can answer ... It is a thorny issue, to be honest ... yesterday was not a good day for football."
"The rules of fair financial play are a good idea, they are there to protect teams and competition, so that no one overstates the spending, and it must be ensured that the money the party wants to spend depends on the appropriate resources."
Klopp continued, "I hope we stick to the fair financial playing system, and I hope it remains the same because it sets limits on how far you can progress, and this is good for football, but if there is no one who cares about it, this makes the competition difficult."
"I'm happy that City can play Champions League, but I don't think it was a good day for football."
Jurgen Klopp revers on Manchester City's successful appeal against their European ban and it's ramifications. pic.twitter.com/zyD3Bl5jtK
- Sky Sports Premier League (@SkySportsPL) July 14, 2020
He stressed, "If the richest clubs and countries can do what they want, then that makes it difficult, and this will lead to creating a world league, in which competition will depend on who owns the clubs and not the names of the clubs."
On the other hand, Klopp expressed his happiness for Manchester City to be able to participate in the Champions League during the next season, and said that absence from the continental competition would have paid Pep Guardiola to focus on local titles and would not leave an opportunity for other teams to compete for these titles.