UEFA’S financial fair play regulations: a good example of best practice governance by a sporting body?
Dunbar, Neil, and Middleton, Thomas (2022) UEFA’S financial fair play regulations: a good example of best practice governance by a sporting body? The International Sports Law Journal, 22. pp. 272-287.
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Abstract
The Union of European Football Associations (UEFA) is the body that governs European football. In 2010 it introduced its Financial Fair Play (FFP) Regulations with the main aim of bringing financial stability to European football. This article examines UEFA’s FFP Regulations from good governance and ‘best practice’ perspectives. It finds that the setting-up, implementation and monitoring of the FFP Regulations by UEFA generally adhere to ‘best practice’ principles. However, recent cases in the Court of Arbitration for Sport have revealed several areas where changes to the regulations would be appropriate. In 2021 UEFA made some changes to its Procedural rules governing its Club Financial Control Body, which address some of the outstanding issues but there are still a number of areas where changes would be beneficial as these would provide greater clarity and transparency to its operation and enforcement and thereby promote more timely and cost-effective regulation.
| Item ID: | 71322 |
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| Item Type: | Article (Research - C1) |
| ISSN: | 1567-7554 |
| Copyright Information: | This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/. |
| Date Deposited: | 17 Jan 2022 21:44 |
| FoR Codes: | 48 LAW AND LEGAL STUDIES > 4803 International and comparative law > 480304 European Union law @ 50% 48 LAW AND LEGAL STUDIES > 4804 Law in context > 480414 Sports law @ 50% |
| SEO Codes: | 13 CULTURE AND SOCIETY > 1306 Sport, exercise and recreation > 130602 Organised sports @ 100% |
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