Chairman of Club Financial Control Panel Jean-Luc Dehaene presents update
019 – Chairman of Club Financial Control Panel Jean-Luc Dehaene presents update
The UEFA Executive Committee, chaired by UEFA President Michel Platini, today finished its two-day meeting held in Tel Aviv, Israel, ahead of the XXXIV Ordinary UEFA Congress on Thursday 25 March.
During the first day of proceedings the Executive Committee received an update on the role and work done by the Club Financial Control Panel from its Chairman, Jean-Luc Dehaene.
With UEFA's Financial Fair Play Regulations due for approval by the Executive Committee at their May meeting, Dehaene said that the Club Financial Control Panel (CFCP) will "use the next two years to give guidance to the clubs", in order that they are ready for the regulations' entry into force as of the 2012/13 season. After which the CFCP's role will become one of carrying out compliance audits on the clubs to ensure that they are in line with the new financial regulations.
The Executive Committee then received the reports from the various chairmen on the committee meetings held in February of this year and a number of items were proposed to the Executive Committee for decision, including the following regulations that were approved:
• UEFA Champions League Regulations 2010/11
• UEFA Europa League Regulations 2010/11
• UEFA Super Cup Regulations 2010/11
• UEFA Futsal Cup Regulations 2010/11
• UEFA Women's Champions League Regulations 2010/11
In addition the UEFA Anti-Doping Regulations 2010 and Stadium Infrastructure Regulations 2010 were also approved.
Regarding future tournaments the Executive Committee approved the appointment of Croatia as hosts for the UEFA Futsal EURO 2012 and agreed to review the format of future Women's EURO final tournaments, following the successful staging of the UEFA Women's EURO 2009, the first with 12 teams.
On day two of the meeting, the Executive Committee turned its attention towards events and business issues.
On the recommendation of the UEFA Events SA Board, the UEFA Executive Committee approved a new agency agreement between UEFA and TEAM Marketing for the marketing of commercial rights for the UEFA Champions League, UEFA Europa League and UEFA Super Cup. The new agreement initially covers the seasons 2012/13, 2013/14 and 2014/15 and, subject to performance, an additional three-season term. Separately, UEFA has agreed to sell its 20% shareholding in TEAM to TEAM's parent shareholder Highlight Communications AG.
The Executive Committee also received a brief update on the progress of construction on the airports, stadiums and the transport in Poland and Ukraine for UEFA EURO 2012.
The next meeting of the UEFA Executive Committee is scheduled for 27/28 May in Nyon, Switzerland.