Uefa ready to boot out Russia’s Euro 2028 bid after outrageous attempt to fight Britain for tournament
UEFA is ready to boot out Russia’s Euro 2028 bid with a decision promised “very soon”.
Moscow attempted to sabotage the England-led British Isles campaign by making an 11th-hour bid last month, which also saw Turkey enter the fray.
That was despite the global backlash against Vladimir Putin’s regime and meant the expected confirmation of the 2028 hosts was blocked.
European football insiders hinted that Russia would be banned from bidding and after a meeting of its ruling executive committee, Uefa president Aleksander Ceferin said: “We are not talking about the UK bid or the Russian bid today.
“But you will all hear something about this, very soon.”
Ceferin also promised an imminent decision on Russia’s participating in this summer’s Women’s Euros, due to be held in England, with the likelihood the team will be banned.
READ MORE SPORT STORIES
Uefa has also confirmed its new “financial sustainability regulations” to replace financial fair play rules from next season.
The new regime will see clubs’ expenditure on transfers, wages and agents’ fees capped, initially to 90 per cent of their income next season and at 70 per cent of revenues from the 2024-25 season.
A fixed “sanctions list” punishment schedule for breaches of the rules will see clubs face fines, points deductions and potentially relegation from the new-look 36-team revamped Champions League when that starts in 2024.
And the calculations, which also allow clubs to lose £50m over three seasons as long as they stay within the cap - will be completed by May of each campaign, allowing “instant” punishments for the following term.
Most read in Football
FREE BETS AND SIGN UP DEALS - BEST NEW CUSTOMER OFFERS
Uefa’s financial sustainability director Andrea Traverso explained: “The sanctions are much more transparent than before.
“We have taken the criticisms on board and agreed this new approach with the clubs.
“Yes, the bigger clubs will have more buying power than those in smaller leagues but this has always been the case.
“It is not about competitive balance. The objective is financial sustainability and this system makes that more simple to address.”