Date: 27th May 2010 at 4:36pm
Written by:

With UEFA set to push through new financial rules, in 2012, concerns have been expressed as to how, in our current financial situation, whether Manchester United could run into difficulties.

The new rules stipulate that to ensure financial fair play, clubs will not be admitted to UEFA competitions unless their spending is less than their income.

If these rules were to be introduced immediately, clubs such as Manchester City, who reportedly announced a trading loss of £93 million last year, would not be eligible for the Champions League, if they`d have qualified.

Returning to United, concerns about servicing the debt complicating matters have been partially eliminated by a club spokesman commenting,

“We support the financial fair play measures. We are confident that we pass them.”

However, whilst the forthcoming situation is going to open up a whole new can of worms, it promises to be an interesting can of worms especially when it comes to how our Spanish friends, in Madrid, are going to get around their far from thrifty spending habit.

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