Clubs must follow spending rules: Michel Platini

12 January,2011 09:29 AM IST |   |  PA Sport

Europe's biggest clubs must comply with UEFA's indirect salary cap or face the music, Michel Platini today warned


Europe's biggest clubs must comply with UEFA's "indirect salary cap" or face the music, Michel Platini today warned.

UEFA's latest figures show that financial problems affecting European clubs are getting worse, with spending on player wages up almost 10% ufffd and increasing at a faster rate than income.

u00a0Platini, speaking at UEFA's headquarters in Nyon, Switzerland, said: "If a club doesn't fall in line and follow the same rules as everyone else then it will be time to face the music.

"Certainly it is not something we want to see.

"Our objective is not to put clubs into financial difficulty. Financial fair play is to help them escape from this devilish spiral and have a viable economic strategy in the long term. I will leave no stone unturned to do this," he said.

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Michel Platini UEFA Switzerland