UEFA has decided to suspend the Fair Play Act, for the coming season (2020-2021), due to the pandemic of the newly created Corona Virus "Covid 19".
"UEFA" said in an official statement today: "These current exceptional circumstances require some specific interventions, in order to facilitate the work of member associations and clubs. Member associations will be given more time to complete licensing processes for clubs to participate in European Union competitions next season." ".
He explained: "As a result of the increasing uncertainty resulting from the current extraordinary events, the Executive Committee also decided to suspend the provisions of the Fair Financial Play Law, and this decision applies to clubs participating in the Federation competitions for the season (2020-2021)."
On Wednesday, the European Union decided to suspend the Champions League matches and the European League due to the outbreak of the Coruna epidemic.
Clubs that will play in future European competitions will not be subject to strict rules that obligate them not to exceed a certain wage level.
The rules of fair financial play stipulate that the club is not allowed to spend more than its income, and that there is a balance between expenses and profits, thus achieving financial self-sufficiency for the clubs in the long run.
The European Football Association has decided to punish Manchester City for breaching the rules of fair financial play, thereby denying it participation in European competitions for two years, in addition to a fine, and it is not yet known whether this penalty will be suspended, or will the team be deprived The Englishman from participating in the Champions League next season.