Source: Daily_Mail
Taylor: Big-spending English clubs 'significant concern' to UEFA
Disquiet: UEFA chief executive David Taylor says the governing body is worried another English club will financially collapse like Leeds United[LNB]UEFA's chief executive David Taylor has warned English clubs about the dangers of over-extending themselves financially. [LNB]Taylor said there is 'disquiet' at UEFA at the spending of Manchester City and Real Madrid and fears another club could mirror the financial collapse experienced by Leeds. [LNB]Taylor said: 'There are stories concerning some English clubs that are of significant concern. [LNB]'There are a number of English clubs where the value of the club itself has fallen significantly and they are effectively on the market. [LNB]'We hope that the clubs themselves will not suffer in any significant way from this but who knows? [LNB]'We've seen what has happened in recent years with a number of very high-profile clubs, Leeds United for example. [LNB]'They fell into serious financial difficulties by over-extending themselves.'[LNB] In terms of the outlay by Real Madrid and Manchester City on players, Taylor has concerns on the effect on the rest of football. [LNB] Uncomfortable: The big spending of Manchester City is raising the ante in terms of player costs and distorting the market says Taylor[LNB]He added: 'I would say in this financial climate, it is surprising, a little bit destabilising of the market. [LNB]'It is certainly raising the ante in terms of the player costs, in terms of the general market place, which is not a thing that gives us a great deal of comfort in these difficult times. [LNB]'There is certainly disquiet in the corridors of power here.'[LNB] Chelsea hit with £85m Ribery price-tag as Bayern reveal Real scare tacticsMadrid insure Cristiano Ronaldo's legs for £90million after knee injury scareClub v country dilemma for Tevez as Hughes orders striker to miss friendlyCLICK HERE to play Sportsmail's new £50,000 Fantasy Football game[LNB] Explore more:People:David TaylorPlaces:Leeds
