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Regulators are right that football has massive problem with money – but clubs are much more than simply businesses

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FOOTBALL has a financial problem. It may also be about to acquire a regulatory one. The Independent Football Regulator’s ‘State of the Game’ report this week delivered a grim verdict on a £9billion industry. Ninety-four per cent of clubs are losing money. Aggregate losses have reached £1.7billion. More than a quarter of clubs could not…

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