Old Trafford

Next Game

Man Utd v Chelsea

Sunday, 26 October 2014, 16:00

Barclays Prem

The Hawthorns

Last Game

W Brom 2 - 2 Man Utd

Monday, 20 October 2014, 20:00

Barclays Prem

PL eye financial controls

The 20 Premier League chairmen are meeting on Thursday with financial controls and their implementation top of the agenda.

Last Updated: 15/11/12 at 15:56 Post Comment

Premier League: Meeting on Thursday

Premier League: Meeting on Thursday

The league's shareholders are getting together for one of their regular meetings and club finances are set to dominate proceedings.

UEFA's Financial Fair Play rules are on the horizon with European football's governing body wanting clubs to balance their books starting 2013-2014, and a number of Premier League teams want to introduce similar guidelines.

There are three proposals on the table at the meeting which the clubs will be asked to vote on. Any motion needs 14 of the 20 chairmen to agree to be passed.

The proposals are Financial Fair Play, Wage Restraint and Contract Guarantees.

Financial Fair Play would be similar to UEFA's own idea and would look to bring in controls to force clubs to break even, a proposal which Wigan chairman Dave Whelan is backing strongly.

"I really think every club in the Premier League has this desire to break even at least," Wigan chairman Dave Whelan told Sky Sports News.

Wage Restraint would be looked at instead of an outright salary cap, which many believe would not be legally viable, but would instead restrict the percentage of how much a club can add to their wage bill each year.

Contract Guarantees is a proposition that a club's owner, should they leave, would still be responsible to cover the wages of any highly-paid players signed during their tenure.

Related News

Most Commented

Readers' Comments

B

alotelli would've scored if the goals height was 3 times higher too...

footyfan52
Rodgers defends Balotelli

A

s if storey would ever get invited on a stag do

dooby
Does Wenger Know He's To Blame?

I

disagree. We sit here in our ivory towers looking down our noses at people we perceive tio be thick, but if Harry Redknapp and Tim Sherwood can do it, frankly, anyone can.........

HarryBoulton
Roy: Rooney can become manager

Footer 365

Government reveal plans aimed at making it easier for fans to run football clubs

The Government has revealed plans to establish a group of experts aimed at making it easier for fans to run football clubs.

Louis van Gaal felt individual errors spoiled a good display from Manchester United in draw at West Brom

Louis van Gaal felt that Manchester United produced their 'best match of the season', despite the 2-2 draw at West Brom.

Premier League: QPR forward Adel Taarabt criticises Harry Redknapp over claims he is unfit

QPR forward Adel Taarabt has hit back at manager Harry Redknapp over claims that he is overweight and unfit to play.

Mail Box

Reimbursing Fans? How Patronising...

It's something of a return to form for the mailbox with mails on Southampton (Liverpool fans are cynical), the gorgeous Graziano Pelle, Arsenal, Spurs and more...

Let's Face It, Liverpool Were Utter Dross

It's a reactive Monday morning Mailbox. Liverpool fans are getting pretty sodding worried, whilst we have the latest on the Southampton CRISIS. Plus, well done Michael Oliver...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property