Nyon, Switzerland (GenevaLunch) - Half of the debt owed by European football clubs is owed by British clubs, the Nyon-based European football association Uefa is expected to say in an upcoming report, The European Club Footballing Landscape. A copy of the report has been seen by the Guardian, the newspaper writes in a lengthy article that looks at football club budgets. It says that “When it publishes the report in the coming weeks, Uefa will present it as authoritative evidence of the need for its Financial Fair Play rules, agreed in principle by the major clubs and leagues, which will require clubs to break even financially from 2012-13.”

Posted by Ellen Wallace on 24 February 2010 at 11:33 | permalink
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News story, GenevaLunch, 24 February 2010.

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