Blatter seeks stricter rules for foreign owners

Monday, October 6, 2008

BRUSSELS, Oct 6 (Reuters) - Sepp Blatter wants stricter rules on foreign ownership of European clubs which has left football exposed amid the economic downturn, the FIFA president said on Monday. "There must be better control of football's finances especially in the difficult financial climate we are facing," Blatter told reporters at the European Parliament. "Something has to be done about these billionaire owners so I urge UEFA to work with the European Union (EU) to tighten up the rules ... ...

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