27 Jun 2008Platini ready to shun clubs in debt

Football Finance News | Football Leagues/ Association and Governance

Uefa president Michel Platini has warned some of Europe's top clubs that being in debt could leave them without a Champions League or Uefa Cup place.

Platini is concerned that a number of top European sides are getting into huge debts and he is poised to come down hard on clubs who cannot control their finances.

Manchester United and Chelsea could both face season without European competition if Platini's wish is granted.

"Uefa are going to fight very seriously to restrict entry to its competitions from clubs that are in debt," he said.

"Four or five years from now we have to have sorted the situation out, with cooperation from clubs and national associations," he explained.

The controversial president also voiced his displeasure over the inclusion of Porto in next season's Champions League.

Uefa had banned the Portuguese champions from the competition because they were found guilty of trying to bribe domestic officials during their successful 2003/04 season.

But they were allowed back in after an appeal pending a new hearing and Platini condemned the decision, saying he would fight corruption "to the death".

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