UEFA announced that Europe's biggest clubs, many of them English, "could face new restrictions designed to curb their increasing financial might," according to Frank Dalleres of CITY A.M. UEFA Senior Benchmarking Manager Perry Sefton said that the organization's latest annual report on the game's financial landscape showed there were now "15 to 16 truly global clubs, five or six of them in the U.K." whose resources "dwarfed those beneath them." UEFA Head of Club Licensing & Financial Fair Play Andrea Traverso said that the governing body would discuss whether financial fair play rules should be changed to "bridge the wealth gap." Traverso: "The current environment is pointing to the fact that a group of clubs have exploited success on the pitch, of the market in which they operate, and their internal capacity better than others and therefore generate more revenues than other clubs. In future it remains to be seen whether this gap continues to increase and whether other clubs will be able to catch up. This is not an easy question" (CITY A.M., 10/7).
