Posted inSoccer America Daily, Story

Financial crisis looms over European soccer

[EUROPE] The global financial crisis is threatening to end the heady, high-spending days of European soccer. English Football Association Chairman Lord Triesman warned Tuesday of dark times ahead due to the collective debts of English teams, while in Germany the shares of broadcaster Premiere have plunged, threatening the vital money that it pays the Bundesliga for TV rights.

Gift this article