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Another a part of the clause states that clubs won’t be inside a position owe money to rivals, players, staff or tax authorities in the end of your season. They’re hoping to avoid what happened at Portsmouth who went into administration owing millions in transfer fees, tax and VAT to name a few. I think I read somewhere yesterday that they’d offered with regard to their creditors 20% of the they owed them. A report on European clubs said that 50% analysts where creating a loss understanding that 20% wherein serious financial danger.
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