PtG Article 05.08.2009

UEFA concerned over debt in English football

Debt levels among clubs in the English Premier League is a cause of concern for UEFA, the European football's governing body.

In an interview with BBC Radio, Uefa general secretary David Taylor believes that crisis looms for many clubs unless they learn to live within their means.

"There are stories concerning some English clubs that are of significant concern," he told BBC Radio 5 Live.

"There are a number of English clubs where the value of the club itself has fallen significantly and they are effectively on the market."

SOURCE: BBC Sport