The finances of English football have been described as dangerously exposed, with a new report warning that most clubs are living on the edge of financial disaster.
The assessment comes from a regulator, which said the financial position of the majority of clubs had reached a critical point. The report highlights widespread vulnerability across English football rather than identifying the issue as being limited to a small number of teams.
The warning underlines the scale of the financial pressure facing clubs, although the supplied report does not give further details about the clubs involved, the regulator’s identity or the specific measures being proposed. It also does not set out the causes of the exposure or provide figures on the scale of clubs’ losses or liabilities.
The latest known position is that the regulator has issued a broad warning about the sustainability of English football’s finances. Further information would be needed to establish how individual clubs are affected and what action may follow from the report.