donderdag 1 oktober 2009

Dehaene, new financial chief in football town!

UEFA will monitor in the future the financial situation of all the European football clubs very strictly, therefore they recently approved the principle of ‘financial fair play’ and set up an independent group which will control all their financial actions and penalize if necessary. Former Prime Minister Jean-Luc Dehaene will be at the head of this group, consisting a panel of financial and legal experts. This new plan limits the expenses of the big clubs and aims for a healthy trade balance, it will no longer be possible to spend more money than there is on your account just as it will obligate them to draw up a balanced budget. So the time of being mister nice guy for a couple of years, spend a lot of money, make loads of debts and to drag your club like that on the edge of a bankruptcies is over.


Jordy De Vos


Sporza

2 opmerkingen:

EcoEnglish zei

Put "in the future" up front.
Start new stce after 'strictly.
all their --> all the clubs'
consisting OF
Full stop after balance.
obligate them --> force the clubs
to drag --> drag
drop 'like that'
TO the edge of a bankruptcy.
Great topic!

(GJ)

EcoEnglish zei

In the future UEFA will monitor the financial situation of all the European football clubs very strictly. Therefore UEFA recently approved the principle of ‘financial fair play’ and set up an independent group which will control all the clubs financial actions and penalize if necessary.
Former Prime Minister Jean-Luc Dehaene will be at the head of this group, consisting a panel of financial and legal experts. This new plan limits the expenses of the big clubs and aims for a healthy trade balance, it will no longer be possible to spend more money than there is on your account just as it will obligate them to draw up a balanced budget. So the time of being mister nice guy for a couple of years, spend a lot of money, make loads of debts and drag your club like that to the edge of a bankruptcies is over.

Jordy De Vos