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The Independent UK

Sport

Jamie Gardner

UEFA warns clubs against overspending in ‘reckless pursuit of success’

UEFA Champions League Aleksander Ceferin

PA Archive

European clubs have been warned against “reckless” spending on player wages and transfer fees by UEFA president Aleksander Ceferin.

A new UEFA report found just 12 clubs were responsible for two-thirds of the overall 1.9 billion euros (£1.7 billion) losses made by 144 clubs who reported financial results early for 2022.

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