Like the rest of the UK economy sports clubs are finding it hard to make ends meet. It is difficult to find a professional rugby club or county cricket club that makes an operating profit. Similarly, many football clubs are spending their way into administration.
With more and more sports organisations unable to sustain their activity without reporting annual financial losses is it time to extend the concept of UEFA's Financial Fair Play rules?
Living within your means is a cardinal rule for any business. Any sports club spending more than it earns should face a penalty from its ruling body. Would this restore some sanity to sport?
