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Abramovich backs UEFA to rein in Man City spending power

Posted By: Staff

London, Aug. 28 (ANI): Chelsea owner Roman Abramovich is backing UEFA to crack down on Manchester City's spending power - because he does not want to flash any more cash himself.

According to The Sun, UEFA president Michel Platini has vowed that any club that does not break even in the next three years will be kicked out of uropean competitions.

Abramovich, who has spent 700 million pounds on the Blues in six years, but no longer wants to pour his fortune into the club, is spurring Platini on.

And, he does not want anyone to forge ahead of Chelsea either.

City have spent 120 million pounds in this transfer window alone in a bid to gatecrash Europe's top table compared to Chelsea's 23 million pounds.

But UEFA has adopted the mantra of 'financial fair play' in a bid to make the European game a more level playing field.

Platini is proposing clubs can only spend what they earn in football revenues.

He said: "I have met with Abramovich, who is a football person and passionate about the game. He said that we must do something about this. It doesn't matter if one team doesn't agree, because this is what the clubs want." (ANI)

Story first published: Friday, August 28, 2009, 13:18 [IST]
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