I saw this on the BBC web site.
Could the Premier League learn from the Germans?
The party is over, it's time to grow up.
January's announcement that English football must become more prudent by introducing reforms within a year or face government intervention, followed by Thursday's warning from the Premier League on spending, signalled what could be an end to the era of extravagance.
The government is essentially
looking for clubs to balance the books and for those books to be regularly checked by the Football Association.
The Premier League has stated it has regulations in place and is working towards what has been asked of them.
Across the continent in Germany, the Bundesliga is flourishing because of a licensing system that has been in place since the league's inception in 1963.
http://www.bbc.co.uk/sport/0/football/21167381