FIFA President Sepp Blatter spoke out recently against the influx of foreign ownership in English Premier League teams.“We have to be alarmed .The economic power of football is immense," he said. His main concern is owners stepping away at will and leaving particular clubs under a mountain of debt.
Currently, 9 teams are under foreign ownership with potentially 3 more coming in the near future. To address the situation, Blatter asked UEFA to enforce tighter licensing rules to potentially block any misguided acquisitions.
Thankfully he did not make these statements in his soccer costume.
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