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Trading standards: Michel Platini

Michel Platini hopes to become FIFA president one day by campaigning against clubs' financial recklessness, explains Ben Lyttleton

FIFA executive committee member Michel Platini has launched a one-man crusade to clean up football and vowed to punish clubs that consistently spend beyond their means. “Football is a game and I will do everything I can to defend it against businessmen,” said the former France midfielder and national-team coach. “Everything has been done to take away the real value of football. These days we’re always talking about the European Commission, G-14 and the Stock Exchange. Of course the game needs money, but money must never come before the game.”

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Financial times: Exeter City

Exeter City are trying to get to grips with their financial crisis, with potentially serious effects for all Conference clubs and football rules, as Howard Pattison writes

Watching Exeter play football may be un­rewarding, but the club’s adventures off the pitch are rich with in­cident, controversy and intrigue. Hav­ing seemingly headed off their most pressing financial worries by entering into a corporate voluntary ar­rangement (CVA) with their creditors, whereby they agreed to pay just ten per cent of their debts, they were immediately ser­ved notice of a 12-point penalty, the punishment set by the Conference at the be­ginning of the season.

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Financial times: Leeds Utd

Though the extent of Leeds’ problems fluctuates from minute to minute, Duncan Young has tried to get a grip on it all

The conspicuous problem for Leeds is that not only do they not have the money to pay back their debts, they do not even have enough to maintain the obligations that must be met now. As recently revealed by chief executive Trevor Birch, a £60 milli0n loan is already secured against the stadium, a £3.5m debt is secured against the training ground and most of the key players are leased from a company in Jersey. Foot­ball finance expert Professor Tom Cannon of Checksure, an organisation that provides credit ratings on companies, describes this not unreasonably as “test­ing securitisation to its limits”. Even the status of the three valuable players that Leeds might actually own is in doubt, though selling even one would be tantamount to run­­ning up a white flag in the eyes of Leeds fans.

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Video nasty

Arsenal and England fan Cameron Carter has enormous respect for David Seaman as a goalkeeper, but his admiration doesn't extend past his football career after watching the ponytailed one's first foray into presenting

So farewell then, David Seaman, one of the great English goalkeepers in the classic no-fuss style and, despite his extraordinary record, one of the most haun­ted. Peter Schmeichel, in a feature for the Sun­day Times, marked Dave’s professional passing with a piece on how unfortunate it is that such a model keeper may be remembered by many purely for his rare errors. Schmeichel then helpfully went on to outline those errors in unabridged, technicolour de­tail. To the Nayim lob, the Ronaldinho free-kick and the Macedonian fellow’s corner we can now add this video as one of old Safehands’ truly mem­orable mis­takes.

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Stage fright

Al Needham  couldn’t quite believe just how poor John Barnes is working in television – and was even more shocked when he started thinking about all the competition and realised that Emlyn Hughes was quite good

He dealt with intense media scrutiny ever since the start of his playing career. He went on to become one of the most important players in the country. He played a major part in England’s 1990 World Cup cam­paign. He’s dabbled in TV adverts. As soon as he re­tired, he was snapped up as a pundit and before too long became a presenter on a terrestrial channel. So why is John Barnes so toe-curlingly bad at his new job?

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