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Michel Platini has urged French football not to follow the example of English and Italian and rush to create public companies for stock market quotation.

Platini, recently elected to the executive committees of both FIFA and UEFA, said such developments removed concentration on the real needs of football.

He said: “In football the priority is to play a match to obtain points in the league table not two or three points on the stock market. French football would be going down the wrong path if it tried to copy England or Italy.

‘You only have to look at the stock markets there to realise that there is no value, in any case, in being a publicly quoted company. In the end it becomes more of a restriction than a benefit.”
By Keir Radnedge

Kelsey Media Ltd
The Granary, Downs Court
Yalding Hill
Yalding
Kent ME18 6AL
01959 541444
www.kelsey.co.uk

© 2022 Kelsey Media Ltd

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