English Debts Ruining Game ; Football Chief Demands a Clampdown On Finances at Chelsea and United ...But the Multi-Million Pound Strikers Prove Their Worth with More Brilliant Goals [Edition 2]

Summary

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ONE OF German football's most powerful administrators has launched a damning attack on the debt-ridden culture of England's top clubs and warned that the Champions League is being damaged as a result. Christian Seifert, the chief executive of the German League, says overspending by the likes of Manchester United and Chelsea is destabilising Europe's prized competition and that a UEFA crackdown is long overdue.

Seifert said: 'There is a lot of quality in English football, but does it makes sense that Manchester United has debts of 650million euros and Chelsea 700m euros? In the most recent Champions League semi-final, there were three teams standing on the pitch with debts exceeding 1.5bn euros. What if that were only half a million instead?'

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English Debts Ruining Game ; Football Chief Demands a Clampdown On Finances at Chelsea and United ...But the Multi-Million Pound Strikers Prove Their Worth with More Brilliant Goals [Edition 2]

While the last five Champions League finals have featured at least one English team, no German club have won the trophy since Bayern Munich in 2001. Bundesliga champions Wolfsburg will start as underdogs when they visit Old Trafford on Wednesday.

Seifert, G...

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