Manchester City has spent a whopping amount of money in signing star players like Carlos Tevez, Emmanuel Adebayor and Roque Santa. The funding has been done by their owners based in Abu Dhabi. David Taylor who is the general secretary of UEFA is of the opinion that it would be very dangerous for the Premier League clubs to match the Manchester City financially. But, he also feels that Real Madrid and Eastland club are close to matching City financially. However, the positions can change very quickly, suggested Taylor giving the example of Leeds United who play in League One now had to do away with Premier League in 2004 due to financial constraints. There have been similar stories from some major clubs as well very recently.

The possibility of clubs falling out though minimal but does exist and for the same reason Taylor stresses on the fact that there should be an establishment of a strong financial basis for clubs to compete. Tom Hicks and George Gillett who are the owners of Kop Holding reportedly had to bear a loss of £42.6m to pay out interest on the debt that they had taken to acquire the club.

Kop Holdings own the Liverpool team and have renegotiated their debt with the Royal Bank of Scotland for around £290m. Malcolm Glazer who is the owner of the Manchester United had also borrowed a huge amount when he took over Manchester United in 2005 which resulted in a major unrest among its fans. There is a feeling of anxiety in the corridors of power at UEFA.