AOL.com Video - Cut Losses or Face New Laws, MPs Tell English Football Clubs.

VIDEO:News

Cut Losses or Face New Laws, MPs Tell English Football Clubs.

Description:The likes of Rooney and Van Persie are handsomely rewarded for their skills on the pitch. But a report by a group of British MPs says new laws should be introduced to make English football clubs clean up their finances unless they adopt European rules to curb spending. One of the politicians behind the report is John Whittingdale. (2:00)

Source: Reuters

Tags: reuters , abu dhabi , arsene wenger , Dr Sue Bridgewater