Big spenders warned by UEFA

The European governing body also repeated its determination to stamp out reckless spending one day after the end of the January window which saw Liverpool and Chelsea pay 130 million pounds between them for just four players.

"There is no doubt that transfers made now will impact on the break-even results of the financial years ending 2012 and 2013 - the first financial years to be assessed under the break-even rule," UEFA said in a statement.

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