By Pa Reporter
Published: 15:26 GMT, 3 March 2020 | Updated: 16:03 GMT, 3 March 2020
UEFA president Aleksander Ceferin has admitted financial fair play rules may need to be adapted in the future but said he had respect for the process which led to Manchester City's two-year European ban.
The Premier League champions were sanctioned by the independent club financial control body (CFCB) last month for breaching FFP regulations, and have now lodged an appeal against the decision with the Court of Arbitration for Sport.
The rules are designed to ensure clubs spend in proportion to the revenue they earn rather than rely on investment from wealthy owners.
UEFA president Aleksander Ceferin has admitted financial fair play rules may change soon
Manchester City received a two-year Champions League ban for breaching fair play rules
Ceferin is confident in the rigour of the process followed by the twin chambers of the CFCB in the City case, but accepts that in years to come the regulations may change again.
'It's too early to say how it will look in the future but we are thinking about it and will probably have to adapt,' he said at UEFA Congress on Tuesday.
'It has been very successful as a system, there are almost no losses in European football any