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  #1  
Old Wednesday 8th October 2008, 22:20
RedRabbit RedRabbit is offline
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Icon4 UEFA warning to debt-laden clubs

Quote:
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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  #2  
Old Wednesday 8th October 2008, 22:23
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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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Old Wednesday 8th October 2008, 22:24
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Old Wednesday 8th October 2008, 23:24
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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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Old Wednesday 8th October 2008, 23:29
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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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Old Thursday 9th October 2008, 00:50
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Villa

thats why im glad randy lerner has cash assets and villa operate in the red
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Old Thursday 9th October 2008, 00:56
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Quote:
Originally Posted by itownvillan View Post
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
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