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Leading Premier League clubs call for curbs on owners

Published on Jan 15, 2013 6:19 AM
 
Arsenal's French manager Arsene Wenger (left) talks with then-former football manager Rafael Benitez (right) as he watches from the stands during a UEFA Champions League group B football match between Arsenal and Schalke 04 at the Emirates stadium in London on Oct 24, 2012. A letter from Arsenal, Tottenham, Manchester United and Liverpool to league chief executive Richard Scudamore calls for full spending controls - where clubs must break even - without wealthy owners being allowed to cover clubs' losses. -- PHOTO: AFP

LONDON (AFP) - Four of England's leading clubs have written to officials calling for European governing body Uefa's financial fair play rules to be introduced into the Premier League.

A letter from Arsenal, Tottenham, Manchester United and Liverpool to league chief executive Richard Scudamore calls for full spending controls - where clubs must break even - without wealthy owners being allowed to cover clubs' losses.

But Premier League champions Manchester City - bankrolled by Abu Dhabi based Sheikh Mansour and European kings Chelsea, financed by Russian billionaire Roman Abramovich are understood to be opposing any such spending controls.

When all 20 clubs meet next month they could agree on a compromise which will cover a fixed amount of losses to be covered by owners.

 
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