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SBD/Issue 238/Leagues & Governing Bodies
Indebted Clubs Could Face Expulsion From UEFA Champions League
Published August 28, 2009
|Platini Has Become Increasingly Concerned
By Massive Spending On Transfer Fees, Wages
TAKING A STAND: In London, Patrick Barclay notes Platini named EPL club Chelsea Owner Roman Abramovich "among the leading instigators of his campaign for 'financial fair play' in European football." Platini identified Abramovich, Italy Prime Minister and Serie A club AC Milan Owner Silvio Berlusconi and Serie A club Inter Milan Owner Massimo Moratti as "examples of club proprietors who wanted UEFA to end the inflation in transfer fees and salaries held responsible for increasing debts" (LONDON TIMES, 8/28). Platini: "It's mainly the owners that asked us to do something: Roman Abramovich, Silvio Berlusconi, Massimo Moratti. They do not want to fork out any more. Manchester City can spend [US$491.0M] if they want to but if they are not breaking even in three years then they cannot play in European competition" (Manchester GUARDIAN, 8/28).