Premier League news

Clubs to discuss spending limits

September 5, 2012
By Press Association
Premier League chairmen will be presented Thursday with a range of possible financial controls to limit spending by top-flight clubs.

The league's top executives have produced a discussion paper on financial controls for the chairmen to consider which could eventually lead to clubs being forced to break even every year -- or face sanctions.

It would mean a serious blow to clubs such as Manchester City and Chelsea who have returned significant losses in recent years.

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