Uefa boss tells English clubs to stop the spendthrift culture
The Uefa president was clear in his message during a seminar organised by the Italian FA (FIGC) in Coverciano.
He made it clear the debt-riden era won't last long under Uefa's new plans to curb spending, and suggested the Premier League, well known for its abundant wealth, will struggle to accept change.
"Football is living beyond the rules of normality. Financial fair play simply means not spending more than what we can afford," said Platini.
"We cannot accumulate debts of €1.2 billion per annum. Even the presidents have had enough of spending so much, and I am convincing them.
"In Italy everyone agrees, but it's more difficult convincing Premier League owners."