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Let's put European soccer debt in perspective

Updated: September 24, 2010, 4:04 PM ET
By Patrick Hruby

Maybe the Tea Party has a point: In racking up an ever-growing national debt over the past decade, America is becoming more European. Specifically, we're becoming more like European soccer. In an eye-opening article, ESPN.com's Leander Schaerlaeckens points out that European soccer spending is gloriously, frighteningly out of control, with the top 10 most indebted continental clubs owing $5.74 billion among them. What do the numbers mean? How to put them in context? Glad you asked. Below, a handy ...

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