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Sheff Wed boss warns overspending Premiership club's

Sheffield Wednesday boss Brian Laws fears for the future of several Barclays Premier League clubs after claiming there is a culture of overspending in the top flight. Laws told the Owls' official club website: "It's an inevitability that a top team is definitely going to fold at some stage because there's so much money at stake, the prize money to get into the Premier League is enormous, but to stay there it's even greater."

He added: "The strain on clubs to stay in the Premier League is so great that they're definitely spending money they haven't got and if they fail and come out of the Premier League, they're going to keep going and they'd be in such a mess it wouldn't surprise me if one of them folded.

"There are teams in the Premier League that are frighteningly close to that anyway. If they come out of the Premier League it could be meltdown because they really have overspent."

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