- Mar 25, 2013
 
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del1962 said:If you read the article though, the two clubs with the highest cash balances also have the highest debts.
UEFA spoke about this back around 2007/2008 and highlighted Arsenal and B.Munich as clubs that others should run their business like. Financial Fair Play allows for clubs to build up debt if it's used in the building of infrastructure in the club like stadiums, academies and so on. They are allowances made for it and it gives clubs the chance to explore this opportunity without falling foul of it. UEFA in the past in the early days of the Emirates referred to the debt that Arsenal have as a good one where it is manageable over a lengthy longer period due to a new stadium built. They can't pay up this debt too early as Hill-Wood(the chairman who left recently) said there are penalties if they were do so. Nevertheless, Arsenal could easily spend anything up to close £100m and not still be nowhere near in difficulty with that cash reserves.
				
		
			
	