FA chief reveals €3.8bn club debt fears

THE Football Association and Premier League have clashed over the financial well-being of English football as fresh evidence emerged of the game’s growing debt.

Speaking at the Leaders in Football conference at Stamford Bridge, FA chairman Lord Triesman and Premier League chief executive Richard Scudamore voiced opposing views on the dangers of foreign ownership — one of the sport’s most contentious is sues — and whether the rules needed tightening up.

Revealing English clubs currently owe an estimated £3billion (€3.8bn), Lord Triesman said this posed a “terrible danger” in the current global climate.