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Football Spy: BIG MONEY 'IS A REAL THREAT'.


REAL MADRID director Jose Angel Sanchez fears Spanish clubs cannot compete with the financial clout of their Premier League rivals.

Foreign owners have given Chelsea, Manchester United and Liverpool huge spending power The power of legislatures to tax and spend.

Spending power is conferred to state and federal legislatures through their constitution. Judicial Review of legislative spending varies from state to state, but the law of federal spending informs courts in all states.
, leaving clubs in Spain and Italy lagging Lagging

Strategy used by a firm to stall payments, normally in response to exchange rate projections.
 behind.

Manchester City and Russian side Zenit St Petersburg recently benefited from billionaire investment, with Real losing Robinho (left) to City for a record pounds 32.5million.

Sanchez said: "The football industry is changing and there are threats from English clubs with the amount of money they have.

"This level of investment is not good for football."
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Title Annotation:Sport
Publication:The Mirror (London, England)
Date:Oct 14, 2008
Words:96
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