22-01-2010, 01:04 PM
Send him the wishes from every member on ManUtdPeople. I am sure there is no one here who would want to see the mighty Iron lose to the bitters, eh?
Anyway, back on track. I think the idea of the debt control is because UEFA have a duty of care to the game and all the people it involves. There must be major worries over the way so many clubs finance (or don't finance) themselves. Another example of spiralling debt and wayward spending has to be Real Madrid. They even get bailed out by local (I think) government. We used to see that illegal practice in France, where clubs were owned by local politicians, MPs or mayors and used to pump public money into transfer kitties, etc.
Anyway, back on track. I think the idea of the debt control is because UEFA have a duty of care to the game and all the people it involves. There must be major worries over the way so many clubs finance (or don't finance) themselves. Another example of spiralling debt and wayward spending has to be Real Madrid. They even get bailed out by local (I think) government. We used to see that illegal practice in France, where clubs were owned by local politicians, MPs or mayors and used to pump public money into transfer kitties, etc.