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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.

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A

nd we always will love Ozil. I don't really mind if no other team can see just how brilliant he is, or if people think he is rubbish, because we know he is far from it. He is a fantastic player, and if people cannot see that it can only be a good thing, in that he will be at Arsenal for years to come, pulling the strings from behind a glass veil.

ganachus
F365's Top Ten Unheralded Players Of The Season

I

like the list and Ozil in particular does seem under appreciated when you look at his stats (an odd thing considering his fee or maybe because of it). Palace have a few and I've always thought Dwight Gayle at Palace was under rated, certainly when you look at his goals per game ratio. You can probably also add Ryan Bertrand at Saints who should be in the England team in my view.

sensiblepoolfan
F365's Top Ten Unheralded Players Of The Season

N

ew Shaun Wright Phillips, there I've said it. If any club offers stupid money we'd be stupid to say no, he's not a potential worldie by any stretch and I feel that after a few years warming the bench at city or Chelsea he'll be back at QPR smoking sheesha pipes under Harry Redknapp.

uncle monty
Sterling Case For Leaving 'Bigger' Club

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