by MONITOR
ALTHOUGH the finances of football are not exactly at the top of our concerns at this moment, they may require some attention before long. Sepp Blatter, President of FIFA (Federation Internationale de Football Association) was at the European Parliament on Monday talking to MEPs about what he thinks is the worrying trend in foreign ownership of English Premiership clubs. Currently nine of the twenty clubs are owned by foreign investors and he believes that this makes them vulnerable to financial deals that have nothing to do with footballing success, long term development or local interests. He is probably right but it is difficult to see how the Premiership, having chosen to take the financial high road, can now be protected from itself. At the very least FIFA wants the Fit and Proper Person test for ownership to be strengthened.
FOOTBALL REFORMS
10/10/2013 00:00
Also in Holiday
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Sunloungers set ablaze in Alcudia
- Spanish pensioners stuck at Palma Airport for fourteen hours
- Over two hours for Britons to get through Palma airport queues
- Palma Airport passport control "collapse" put down to unscheduled flights
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