Veltins Arena

Next Game

Schalke v Chelsea

Tuesday, 25 November 2014, 19:45

Champions League Group G

Stamford Bridge

Last Game

Chelsea 2 - 0 W Brom

Saturday, 22 November 2014, 15:00

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

M

eanwhile, England's best U21 players playing with those most likely to be in the senior team from 2020 onwards might increase their chances in those tournaments to a point where they could actually be potential winners. Unlike 2016.

shagwa
Wenger warns Hodgson

I

m not a doctor, but the cause is likely to be crap dancing after scoring. My prognosis is we may need to take that leg off.

GVMUFC
Rodgers reveals Sturridge woe

F

or the time being we just have to focus on the players we do have, Rodgers said. We have to make the best of what is available. Jesus wept!

rodger's gusset
Rodgers reveals Sturridge woe

Footer 365

Premier League: Tottenham's Christian Eriksen secures dramatic win at Hull

Christian Eriksen snatched a late winner as Tottenham fought back to claim a 2-1 victory over 10-man Hull.

Premier League: Crystal Palace come from behind to stun Liverpool

Liverpool endured another forgettable afternoon at Selhurst Park on Sunday as they were beaten 3-1 by Crystal Palace.

Premier League: Tottenham's Mauricio Pochettino disagreed with Hull boss Steve Bruce on red card

Tottenham manager Mauricio Pochettino disagreed with Hull boss Steve Bruce's opinion on Gaston Ramirez's red card.

Mail Box

Oh Arsenal. Why Oh Why Oh Effing Why?

We have plenty of fallout from Arsenal's latest display of outrageous incompetence, plus the question of why every team seems to be getting worse. Plus, another Garcia ghost goal...

A Funny Mail About Line Dancing & More

We have some great responses to young Jack's question about how readers first got into football. Plus, finally some intelligent thoughts on Dave Whelan's outburst...

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