Personally I think there are slightly different issues here.
1) It wont happen because if Platini tries to enforce it the big clubs will simply break away from UEFA as most of them have the same debt problem. If that haapens it will be an awful, death of football solution as far as I am concerned, not because of Platini/ UEFA who are crap, self serving and idiots but because you create a super dull, sterile, manufactured league based on profit without the pyramid of promotion and relegation etc.
2) Has football got a financial problem that needs addressing - yes, obviously football lives well beyond its means. It is growing further and further from the communities and people it depends on to prosper.
3) Should the likes of Hicks and Gillette be able to buy LFC with its own money thereby creating a club massively in debt, absolutely not. This needs to be stopped somehow.
I dont have any solutions but I know certain things need to be stopped.