Tuesday, October 14, 2008

Credit Crunch Concerns Dossena


Andrea Dossena admits the financial crisis in Britain has given him cause for concern.

The Italian joined Liverpool from Udinese over the summer, before the credit crunch began to bite.

The economic meltdown currently inflicting the world's economy has threatened to infiltrate football of late.

Clubs are being encouraged to investigate cost-cutting measures, while the possibility a salary cap being introduced has been touted.

At present Premier League clubs remain fairly stable, although the financial worries of top flight sponsor Barclays could yet have significant implications.

"Barclays lost a lot of money in a few hours," Dossena told Gazzetta dello Sport.

"We are talking about one of the most important banks, and the sponsor of the Premiership.

"It is all difficult to understand.

"Had I known about certain things before I would have thought twice (about moving to England), I would have asked for more guarantees.

"But I feel good at Liverpool and I chose to move abroad because it was the best financial offer.

"Everything in England seemed secure, with the best organisation and club solidarity.

"But then you discover that West Ham are at risk and may have to sell and the big banks are in serious debt."

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