Next Game

Singha All-Stars v Chelsea

Wednesday, 17 July 2013, 14:00

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

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

W

hat's a Bebe??

godsaveourkeane
Bebe seeking Sporting switch

W

hips, harness and saddlery ? This IS an Onion article.

v. profane
Bale set to trademark logo

I

want to trademark the word football .

herculezbotak
Bale set to trademark logo

Footer 365

Transfer news: Andy Carroll passes West Ham medical ahead of Liverpool exit

Liverpool striker Andy Carroll has passed his medical with West Ham ahead of his proposed £15million move to Upton Park.

European U21 Championship: Thiago treble secures glory for Spain against Italy

Spain captain Thiago Alcantara hit a hat-trick to help his side secure U21 Euro glory with a 4-2 victory over Italy.

Jermaine Pennant agrees new one-year deal with Stoke City

Jermaine Pennant has put pen to paper on a new one-year contract with Stoke City to end speculation he was to leave.

Mail Box

Twas The Worst Game I Ever Did See...

In this Mailbox it's England v Algeria in 2010 that is seen as the nadir, but there's potential for worse, surely. Plus, one man says we should praise Rooney's honesty...

Why Doesn't Suarez Request A Transfer?

The morning mailbox ponders Luis Suarez's current predicament, cool footballers, the Lion City Cup, Spurs' transfer policy, Kanu's absence and lots more...

© 2013 British Sky Broadcasting Ltd. All Rights Reserved