Will FFP save football from itself?

Updated: January 4, 2012, 12:35 AM ET
By Leander Schaerlaeckens | ESPN.com

You may not have noticed it, but UEFA's landmark Financial Fair Play scheme kicked off just as the 2011-12 European season did. The rules, intended to curb rampant spending and defaulted debt in European club soccer, mandate fiscal responsibility at the peril of missing out on continental competitions. What this means is that in the future it will become much harder for billionaires to buy middling midtable clubs -- think Malaga, Paris Saint-Germain, Manchester City -- and turn them ...

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