After initial success for Uefa in making clubs think seriously approximately their finances,a relaxation of restrictions and a glut of TV money has led to a unique wave of lavish spendingYes. It is six years since Michel Platini revealed in Monaco that owners including Roman Abramovich wanted to keep the brakes on what they saw as an unsustainable race (or pull the drawbridge up behind them, depending on your point of view). Uefa also believed the amount of money being haemorrhaged by clubs across Europe was putting many in danger. So it began to draw up rules that would force clubs to break even if they wanted to play in Europe and finally introduced them in 2012-13.
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Source: theguardian.com