UEFA expected to approve financial plan

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BERNE - UEFA president Michel Platini's plan to force clubs to live within their means is expected to be approved at an executive committee meeting of European football's governing body on Tuesday.

Platini's plan, dubbed "financial fair play," has already been approved by the European Club Association (ECA), representing the continent's clubs, and the Professional Football Strategy Council (PFSC).

The PFSC includes representatives from the European Professional Football Leagues (EPFL), the international players' union FIFPro, the clubs and the UEFA vice-presidents.

Platini wants to prevent clubs from spending more than they make from their revenues and could signal the end of "sugar daddies" buying into the game and transforming the fortunes of a club.

The Frenchman, who says he has the backing of Chelsea owner Roman Abramovich and other rich club owners, says clubs will have to live within their means instead.

If passed, the new rules are likely to come into effect in 2012.