Four of England's leading clubs have written to officialscalling for European governing body UEFA's financial fair play rules to beintroduced into the Premier League.
A letter from Arsenal, Tottenham, Manchester United and Liverpoolto league chief executive Richard Scudamore calls for full spending controls --where clubs must break even -- without wealthy owners being allowed to coverclubs' losses.
But Premier League champions Manchester City -- bankrolledby Abu Dhabi based Sheikh Mansour and European kings Chelsea, financed byRussian billionaire Roman Abramovich are understood to be opposing any suchspending controls.
When all 20 clubs meet next month they could agree on acompromise which will cover a fixed amount of losses to be covered by owners.
The letter from the four clubs, reproduced in Monday's DailyMail, said: "Thank you for your continued work on the vital subject ofFinancial Regulation for the Premier League.
"However, we do not feel that the latest proposals gofar enough to curb the inflationary spending which is putting so much pressureon clubs across the entire League.
"We continue to believe that to be successful and havethe best chance of gaining at least the 14 votes necessary, any proposals forFinancial Regulation must include meaningful measures to restrict the ownerfunding of operating losses."
