Main findings of EU-backed sports review

Following are the main recommendations of the Independent Sports Review into how sport in the European Union should be run, originally released in May with a new version published in October:

• EU and UEFA to agree a formal structure, with UEFA being granted official recognition as the governing body for European football.

• The introduction of "cost controls" on players' salaries. This is not a salary cap as first proposed. Instead, clubs will be allowed to spend only a certain amount of money on players' wages based on their overall revenue. The ratio is not defined in the report.

• New EU regulations for players' agents to provide better transparency. They should include harmonised standards for agents' contracts and the introduction of an agents' licensing system.

• An independent European clearing house to be set up for player transfers.

• All clubs to have a certain number of "home-grown" players in their squads coupled with a squad size limitation. The number of home-grown players or a definition of home-grown was not in the report.

• A higher proportion of money from the Champions League to be put aside by UEFA for grassroots football.

• Setting up a European code of corporate governance for clubs.

• The need to ensure the independence of clubs and combat multi-ownership.

• Putting the player release rule for international matches on a firmer legal footing. This FIFA rule says clubs have to release their players for national team duty without entitlement to compensation.

• UEFA to introduce a collective insurance package for players injured during the European Championship.