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New finance rules for European football [BBC]
UEFA is determined to limit the lavish spending which has become such a feature of the game. A recent report found that half of Europe's leading clubs were losing money, and 20 per cent faced huge deficits.
Under the new rules they will have to break even. Clubs will not be allowed to spend more money than they generate. Rich benefactors will no longer be allowed to subsidise expensive transfers and salaries.
*break even;for a business to have neither a profit or a loss at the end of a business period
*transfers;buying and selling of football players