BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)

UEFA president Michel Platini and Karl-Heinz Rummenigge, head of the European Clubs Association (ECA), celebrated on Thursday as they finalised improved cash injections for teams and other financial benefits. Europe's leading clubs are to receive an increased 100 million euros ($131.6 million) from the proceeds of Euro 2012 in Ukraine and Poland in June and July.
That rise will go up to 150 million euros for the 2016 finals in France when the tournament is expanded from 16 to 24 teams. "I am a very happy man that we have managed to unify the entire football family," Platini told a news conference. "I am delighted we have brought together the key stakeholders and have shown unity on several important matters which affect international football."
As well as signing a new Memorandum of Understanding with the ECA, European soccer's governing body also penned new agreements with the European Professional Football Leagues (EPFL) and FIFPro, the world-wide players organisation. FIFA president Sepp Blatter joined in the celebratory mood and promised soccer's ruling body would follow UEFA's lead by setting up insurance policies for players called up for international duty.
Rummenigge, a West German international who played against Platini's France in the 1980s, joked the two men had enjoyed another battle off the field. "Today is an excellent day," he told delegates at the 36th annual UEFA Congress. "It proves there is harmony, loyalty and fairness in European football."
Rummenigge also called on Blatter to come to an agreement with the 201-member ECA. "Please open the door to FIFA," he said although soccer's ruling body previously underlined that its door was always open but that Rummenigge had decided not to walk through it. The German declined to attend a meeting at FIFA earlier this month but Blatter offered the clubs an olive branch when he addressed Congress.

Copyright Reuters, 2012

Comments

Comments are closed for this article.