Thursday, February 08, 2007

UEFA's Platini has takeover concerns

UEFA president Michel Platini is planning a series of talks about the wave of foreign takeovers sweeping through football.

Platini, elected as president of the European governing body a fortnight ago, wants to make sure clubs are not falling into the hands of businessmen who just want to make a profit.

Liverpool's takeover by American tycoons George Gillett and Tom Hicks this week means seven Barclays Premiership clubs are now in the hands of foreign owners - Manchester United, Chelsea , Aston Villa, West Ham, Portsmouth and Fulham are the others.

UEFA communications director William Gaillard believes Liverpool's new owners appear to have the interests of the club at heart - but has added there are concerns about the overall trend.

Gaillard said: 'Michel Platini has doubts whether this is good for football.'

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