Europe's richest clubs growing faster than smaller rivals

By Brian Homewood ZURICH (Reuters) - Europe's top clubs are expanding more rapidly than their smaller rivals, European soccer's governing body UEFA said on Thursday, adding that tighter regulation had helped to prevent teams from running up big losses. In a report based on the 2015 financial year, UEFA highlighted its concerns over the divide between a handful of rich Western European clubs such as Real Madrid, Barcelona and Manchester United and the rest. "UEFA must remain vigilant and take note of the less positive trends also highlighted in the report, such as a return to high wage growth and the increasing concentration of sponsorship and commercial revenue among a handful of clubs," said UEFA president Aleksander Ceferin.
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