ROME: Italian football chief Gabriele Gravina (pix) says the country’s FA has approved regulations that will stop clubs from overspending on transfers in an attempt to reverse the deep financial problems exacerbated by the coronavirus pandemic.

In an interview with AFP, Gravina said the football federation (FIGC) has given the green light to a ceiling on clubs' transfer outlays which stops them spending more money than their previous season's budget and is aimed at tackling “the continued indebtedness of clubs”.