Basket
×

Your basket

Join The FSA

UEFA threatens to ban clubs in debt

This is a story from the FSF archive – the FSF and SD merged to become the FSA in 2019.

UEFA chief executive David Taylor yesterday warned that clubs who run up unsustainable debts may be barred from European competition in the future.

Speaking at the Leaders in Football conference, Taylor said: ‘There would be forms of communication, even warnings or reprimands, before one got to a situation of exclusion but it is absolutely possible.’

The concerns focus on fair competition as clubs who run up huge, unsustainable debts can – in the short term – dominate by hoarding the best players. The longer term consequences can of course be disastrous.

It’s ironic that these concerns were raised at Stamford Bridge, venue for the Leaders in Football conference, as Chelsea are one of the most indebted clubs in the world.

Earlier this year UEFA president Michel Platini attacked the west London club, along with Champions League winners Manchester United, over their levels of debt. Liverpool are also thought to be on his radar along with various Spanish and Italian clubs.

Following Lord Triesman’s comments on Tuesday it is clear that there is an appetite within the FA to regulate debt, whether the attitude is shared by the clubs is another matter.

Premier League chief executive Richard Scudamore has defended the vast sums owed saying it was ‘acceptable’ and common practise in business so long as debt is proportionate to income and the levels of risk were properly assessed.

One thing is for sure though, at a time when fans are paying more than ever to watch a game of football, you have to ask. How did they get themselves into this mess?

Related Articles

Time to end blanket standing ban says senior MP

The chair of the Culture, Media & Sport Select Committee has called on the Government to end the blanket ban on new standing areas at the top of English football.

No – we don’t need to ban football chat in the office

Spurs fan and FSA Board member Chris Paouros takes issue with the idea that just because she’s a woman, she might feel left out by football chat…

Hull City ban journalists for “negative coverage”

While Hull City’s fans might have expected the club leadership’s entire focus to be on the battle for Championship survival they have instead turned their attention to the media – banning local journalists and hitting out at The Athletic for “misleading gossip”.

UEFA changes rules on alcohol sales in European competition

This week UEFA announced changes to its rules on alcohol – allowing its sale at Champions League and Europa League games this season.

Funding partners

  • The Football Association
  • Premier Leage Fans Fund

Partners

  • Gamble Aware
  • Co-operatives UK
  • FSE
  • Kick It Out
  • Level Playing Field
  • Living Wage Foundation
  • SD Europe