Stamford Bridge

Next Game

Chelsea v Sociedad

Tuesday, 12 August 2014, 19:45

Friendly Match

Last Game

Vitesse A 1 - 3 Chelsea

Wednesday, 30 July 2014, 18:30

Friendly Match

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

T

heyremind me of Utd's treble winning side. Swashbuckling and risk prone. We ha Jaap Stam to paper over the cracks at the back though. Not sure they have their Jaap yet.

HarryBoulton
New Striker Not Liverpool's Priority...

A

lexis Sanchez; too good for Liverpool, Stevie. :)

pires
Suarez 'too good for Arsenal'

T

he solution is to not feel sorry for any of Jabba, Gold or Sullivan. They're all deeply unpleasant and all deserve each other. If only West Ham would sign Barton and Suarez then no one would ever need to despise any other club.

spuzzell
The Strange Idea Of Sympathy For Big Sam

Footer 365

Patrice Evra reveals he would have been Man Utd captain if he had stayed

Patrice Evra has revealed he would have been made captain if he had stayed at Manchester United.

Transfer news: Liverpool manager Brendan Rodgers targets further signings

Liverpool boss Brendan Rodgers is hoping to further strengthen his squad ahead of the transfer deadline on September 1.

Transfer news: Jose Mourinho confirms Fernando Torres will stay at Chelsea

Chelsea manager Jose Mourinho has told Sky Sports News Fernando Torres will not be sold during this transfer window.

Mail Box

Plenty Of Reasons Why Lukaku's Worth It

The mailbox defends Everton's enormous outlay on Romelu Lukaku, while we also have mails on Spurs and Suarez. Oh, and worrying about the new magic spray...

Sterling Stuff And Other Friendly Thoughts

We have one reader reaching conclusions from last night's friendly while we have others discussing Romelu Lukaku's move to Everton. Oh and some swearing...

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