League chief reveals funding crisis

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Football News

Football League chairman Greg Clarke claims "tens" of clubs in the bottom three tiers of English football are struggling to find money to stay alive.

The Championship have voted to introduce a new set of financial fair play regulations in an attempt to stop the kind of crisis which has engulfed Portsmouth, who, according to Clarke, face the "distinct possibility" of going into liquidation this summer.

"I spend a lot of my time in discussions with chairmen and they say it's getting harder and harder to run a club," Clarke told a press conference in London.

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