Premier League officials deny they are to take part in a summit with sports minister Richard Caborn on the issue of foreign ownership of clubs. Caborn said he is meeting leading football figures on Tuesday amid concerns the Premier League is becoming a foreign "billionaire's playground."

A spokesman said: "We have no plans to meet with Mr Caborn at present.

"However, we're happy to discuss the legal framework currently offered by Government in relation to takeovers."

Caborn claimed he was due to meet Premier League chief executive Richard Scudamore and chairman Sir Dave Richards, Football Association chief executive Brian Barwick, and Football League chairman Lord Mawhinney. The sports minister's call for a summit comes after former Thailand prime minister Thaksin Shinawatra - dubbed "unsavoury" by an MP in parliament - is set to take over Manchester City.

Caborn said: "I think foreign investment has helped the Premier League, it's the best in the world, but I think we have to stop it becoming a billionaire's playground.

"We have to ensure the grassroots and communities from which those clubs came, are respected."