Kuala Lumpur, Dec 12 (IANS): Even as world body FIFA seems to slowly embrace goal line technology, UEFA chief Michel Platini rejected it insisting it is unnecessary waste of millions of euros.

Platini, on a visit to the Asian Football Confederation (AFC) house in Kuala Lumpur Tuesday, simply replied "No" when asked if he had changed his mind on the goal line technology, reports Xinhua.

He said at a press conference after signing a memorandum of understanding with AFC that fund requirement was a major reason why he rejected the goal line technology.

"Implementing the goal line technology in all our competitions needs 50 millions euros over five years," said the former French football star, adding he would rather use the fund for other purposes like developing grassroots football.

The additional two referees introduced by UEFA can judge if the ball has crossed the goal line, he said.

Platini is travelling to Japan for the FIFA World Club Cup this week, where the world football governing body has introduced the goal line technology.

Meanwhile, AFC acting president Zhang Jilong was also cautious on the goal line technology, saying AFC needs more information to decide if it can be used in all competitions.

FIFA has stepped up its effort to bring in the new technology after a goal by England midfielder Frank Lampard was overlooked by referee during the 2010 FIFA World Cup quarter-final. England lost 1-4 to Germany in the game.