French government to study FFP
By Football News
The French government has launched an inquiry to analyse the effect UEFA's Financial Fair Play rules will have on French football.
The parliamentary task was opened by the Cultural Affairs, Education and Sport Commission to examine how the new rules will impact clubs when they are enforced in 2014.
The rules, first agreed in principle in 2009 by UEFA's Financial Control Panel, were introduced to prevent football clubs spending more than they earn in the pursuit of success.
"The aim of this inquiry is to talk to people at UEFA about Financial Fair Play, bearing in mind that, for the 2012/13 season, the cumulative deficit of professional clubs in France was 250 million Euros," French politician Thierry Braillard said.
"The commission will focus in particular on the financing of clubs like Paris Saint-Germain and Monaco by Qatari or Russian investors, and the fairness of that in relation to their opponents in domestic competition."
The inquiry is expected to last up to four months and will also consider the bearing the rules will have on the country's ability to host Euro 2016, with an emphasis on infrastructure and stadia.
Braillard said the inquiry would also evaluate the state of French clubs in European competition in relation to their opponents in other European leagues.
Meanwhile, Ligue 2 side Monaco are expected to come under review by the French Football Federation.
Foreign players at Monaco are exempt from paying taxes, while players based on French soil are taxed at 75 percent on revenue greater than one million Euros, which many club presidents feel is wrong.