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Platini to check clubs' accounts

Image: Michel Platini: Uefa chief hits out at Manchester City and PSG for spending heavily during the summer

Uefa president Michel Platini has pledged to ensure that European clubs are not allowed to spend more than they earn.

Uefa chief reiterates aim to clamp down on heavy spending

Uefa president Michel Platini has pledged to ensure that European clubs are not allowed to spend more than they earn as part of the new Financial Fair Play rule. Platini's comments were directed at Premier League leaders Manchester City and Ligue 1 table-toppers Paris St Germain. Both City and PSG are under the control of Middle Eastern owners and have invested heavily in their squad in order to achieve long-term success on the football pitch. Platini, who has always been against clubs borrowing funds or relying on wealthy owners and spending too much money on transfers, has now warned that Uefa will study the clubs' accounts closely. "The philosophy is that you cannot spend more money than you generate," the 56-year-old told French broadcaster RTL. "It is not just PSG at the top of the French league. You also have Manchester City at the top of the English league with their Arab owners. "We are in the process of studying the accounts, and we will see what we can do. "If you set the rules for everyone, they have to apply for specific clubs."

Beckham's welcome

PSG have also been linked with a move for former Manchester United and Real Madrid midfielder David Beckham, whose current contract with MLS club LA Galaxy expires in November. Platini, though, is not worried about the arrival of the Englishman to French football as PSG would not have to pay any transfer fee for him. "I'm not worried about that," said the Frenchman. "I think it will be good for the shops. "For football, at 36? I like David Beckham a lot. I think he has been a good footballer, but he is no longer the player he was so if he comes it will be for other reasons aside from football."

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