Deadline Day

Deadline day: Top clubs avoid big signings

London: European football's January transfer window closed on Tuesday with clubs reining in the lavish spending of recent years in an apparent response to UEFA's strict new financial controls.

While 225 million Pounds were spent last January by English clubs alone, barely 50 million Pounds was outlayed by them this month.

"It looks like economically the whole of Europe is becoming a bit more cautious," Arsenal manager Arsene Wenger said.

UEFA revealed last week that the total debt of 665 European clubs had hit $11 billion....more    

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