Michel Platini, the Uefa president, warned yesterday of future legal wrangles over the Financial Fair Play regulations and his growing concerns about the long-term sustainability of the existing transfer system.

Speaking in Monte Carlo yesterday, Platini said, in response to a question about Gareth Bale’s proposed world record £86 million transfer from Tottenham Hotspur to Real Madrid, that transfers are a “robbery”. The former France captain, who declined to comment on his intention to stand for election as Fifa president in 2015, added that the inflation of the transfer market has led him to discuss changes to the system.

“I think transfers are a robbery,” Platini said. “I think it’s an opportunity for a lot of people to make a lot of money. Today a