Triesman: Better cash laws needed

Football Association chairman Lord Triesman has branded rules governing football finance as "inadequate".

Triesman has voiced concern at the influx of billionaire club owners into the English game, and insists those looking for short-term success and financial gain should not be allowed to take charge.

"We all want to feel our clubs are in the best hands. Fans want to know their loyalty and money are not taken for granted," he wrote in the Daily Telegraph.

"We want those who run our clubs to do so in the long-term interests of their financial health and sporting success rather than immediate return on investment.

"Football has a tier of regulation beyond company law or stock market regulation. However, I am not sure that the existing framework is adequate."