Financial Fair Play regulations are set to be scrapped with clubs gaining more freedom in the way they spend their money as a result
UEFA is reportedly set to scrap their Financial Fair Play (FFP) system and replace it with new rules that will govern club finances.
The new system will provide clubs with greater freedom over their spending power and have less control on how much clubs can invest in the transfer market before falling foul of the regulations.
The current FFP rules were introduced at the start of the 2010-11 season and after ten years UEFA are set to end the controversial system according to journalist Tancredi Palmeri.
The Italian football reporter claims that the introduction of a new system will be announced as a replacement for FFP and provide the clubs ‘much more freedom’ with their spending.