LONDON - Heavily indebted Premier League clubs Manchester United, Chelsea and Liverpool were accused by a British parliamentary committee on Monday of engaging in "financial doping".
LONDON - Heavily indebted Premier League clubs Manchester United, Chelsea and Liverpool were accused by a British parliamentary committee on Monday of engaging in "financial doping".
In 27 recommendations at the end of a year-long inquiry, legislators urged England's football authorities to curb "ludicrous levels of borrowing" and the use of profits to service large debts.
The All Party Parliamentary Football Group is calling for heavy scrutiny of business plans ahead of any club takeovers, echoing the agenda of world governing body Fifa.
The group also backed Fifa's "six-plus-five rule" that would impose limits on foreign players. - Sapa-AP
Financial doping claim
LONDON - Heavily indebted Premier League clubs Manchester United, Chelsea and Liverpool were accused by a British parliamentary committee on Monday of engaging in "financial doping".
LONDON - Heavily indebted Premier League clubs Manchester United, Chelsea and Liverpool were accused by a British parliamentary committee on Monday of engaging in "financial doping".
In 27 recommendations at the end of a year-long inquiry, legislators urged England's football authorities to curb "ludicrous levels of borrowing" and the use of profits to service large debts.
The All Party Parliamentary Football Group is calling for heavy scrutiny of business plans ahead of any club takeovers, echoing the agenda of world governing body Fifa.
The group also backed Fifa's "six-plus-five rule" that would impose limits on foreign players. - Sapa-AP