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Football Fan
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UEFA warning to debt-laden clubs
Clubs with excessive debt could face being thrown out of the Champions League and UEFA Cup, UEFA general secretary David Taylor has revealed.
This is more like a warning shot across the bow of debt holding clubs. There would be forms of communication, even warnings, even reprimands before one would ever get to a situation of exclusion but it's absolutely possible. That is the ultimate sanction.
Do you agree that less debt be part of a club financial sheets. Germany and Switzerland (and I think) France have strong requirements on clubs in terms of bank guarantees and having no negative equity.
source: http://www.metro.co.uk/sport/footbal...3&in_a_source=
What do you think about this warning? What if it would become true and you see your club out of European competitions?!
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UEFA have just discovered that English clubs have a lot of debt, and so are considering bringing this rule in what a surprise.
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MFF LEGEND
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Originally Posted by
BB
Tottenham will not be as good as Arsenal for a long time.
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I think they should stop warning clubs about going into debt and help the clubs out instead.
Companies all over the world go into debt every day, it’s a part of business. Abramovich new he’d be taking on a debt when he took over at Chelsea. At the moment Chelsea owe millions but the debt is managed properly. If the clubs who have debt are kicked out of Europe by UEFA those clubs will face possible bankruptcy. It wont happen.
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It's yet another way to punish English clubs from UEFA wrapped up to make it look good. if the Italian, Spanish or French clubs had all this debt do you think they would be discussing this? Of course they wouldn't.
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The Pro from Dover
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thats why im glad randy lerner has cash assets and villa operate in the red

WE ARE THE ROSE CITY, YOU CANT STOP US!
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The Pro from Dover
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Originally Posted by
itownvillan
thats why im glad randy lerner has cash assets and villa operate in the
red 
in the black i mean.....im an idiot and ive had a long day lol

WE ARE THE ROSE CITY, YOU CANT STOP US!
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