Platini warns clubs about spending

Michel Platini today warned “the values that football represents are in danger” and told the European parliament in Brussels that UEFA are considering enforcing a cap on the expenditure of clubs.

The UEFA president has been an outspoken critic of the frivolous spending by Europe’s elite clubs – much of which is based on borrowed credit or the personal spending of wealthy benefactors – and insists it is the clubs themselves who have requested the move.