Wednesday, December 06, 2006
Liverpool
The impending takeover of Liverpool by one of the richest men in the world will add weight to calls for Europe-wide restrictions on spending on transfers and wages by clubs.
Many in European football fear such takeovers will widen the gulf between the super-rich and the rest, and Uefa and the European Commission are considering new rules that would tie spending to a proportion of a club's revenue.
Many in European football fear such takeovers will widen the gulf between the super-rich and the rest, and Uefa and the European Commission are considering new rules that would tie spending to a proportion of a club's revenue.