LONDON // A senior Uefa official has warned clubs with heavy debts that they could be excluded in future from European competitions. The Uefa general secretary David Taylor said clubs face the "ultimate sanction" if they failed to deal with serious debts. "There would be forms of communication, even warnings, even reprimands before one would ever get to a situation of exclusion but it's absolutely possible," Mr Taylor told the Leaders in Football Conference.
Mr Taylor expressed concern that clubs are putting their futures in jeopardy by exposing themselves to debt that would require a "white knight" to bail them out. "We are looking at strengthening the minimal financial criteria and other forms of self regulation that may impose greater standard on clubs that want to compete in European competitions and beyond that club football," he added. *AP
