EPFL statement on the current transfer window

Following the recent development of this summer transfer window, the EPFL Chairman Lars-Christer Olsson has released today the following statement:

 

“The EPFL is monitoring the evolution of the current summer transfer window characterized by overspending by clubs and inflation in players’ salaries.

 

The EPFL believes there is a pressing need for the football governing bodies to intervene and implement measures aimed to create a more fair and balanced financial system for professional football.  It is the responsibility of the football stakeholders to preserve a proper and fair competition among football clubs both for domestic and international football.

 

Within this context, the EPFL welcomes UEFA President’s statements to consider the possibility of limiting clubs’ budgets for players’ wages and to tackle the decrease in competitive balance within European club competitions and secondary effects affecting domestic competitions.

 

The EPFL reiterates its main goal is to enhance and  protect competitive balance within leagues competition and it is ready to cooperate with FIFA, UEFA and the other relevant stakeholders to promote and safeguard a more fair and financially sustainable professional football in the future for the good of the game, the players, the fans and the clubs.”

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