UEFA call for delayed summer transfer window to close by October 5
Delayed summer transfer window is set to close on October 5 – as UEFA call for an autumn closure just before the Champions League’s new season starts
- Summer transfer window is yet to open because of the coronavirus pandemic
- UEFA want leagues across Europe to close their windows on the same date
- October 5 is the deadline so players can be registered for European competition
- UEFA have also relaxed their FFP rules to help clubs deal with financial issues
- Here’s how to help people impacted by Covid-19
UEFA has advised that the 2020 summer transfer window should close no later than October 5.
The transfer registration period in a number of European countries, including England, has not yet opened because of the delay in finishing the season due to the coronavirus pandemic.
European football’s governing body has set October 6 as the deadline for the registration of players to compete in the Champions League and Europa League group phase, and has therefore recommended that the transfer window close the day before.
Borussia Dortmund star Jadon Sancho could leave the club before the summer window closes
Spurs boss Jose Mourinho is likely to have to complete his transfer business by October 5
A statement by UEFA on Thursday read: ‘The deadline for player registration for the group stage of the 2020-21 UEFA club competitions has been set to October 6, 2020.
‘As a result, the UEFA executive committee called on all member associations to adopt a harmonised end date to the upcoming summer transfer window, with this date set as October 5, 2020.’
UEFA’s executive committee has also approved temporary changes to its financial fair play and club licensing regulations in light of the economic challenges presented by the pandemic.
UEFA have also relaxed their financial fair play rules to help clubs through the pandemic
The break-even assessment of club finances for 2020 will be postponed, and looked at alongside the financial year 2021.
The intention of the changes is to provide clubs with greater flexibility in order to meet transfer and salary obligations, quantify and account for unexpected losses of revenue and adjusting the break-even calculations for any shortfall in earnings reported this year or next.
UEFA hopes to neutralise the impact of the pandemic by averaging the combined deficit of 2020 and 2021 and by ‘further allowing specific Covid-19 adjustments’.
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