Emirates Stadium

Next Game

Arsenal v A Villa

Sunday, 01 February 2015, 13:30

Barclays Prem

Amex Stadium

Last Game

Brighton 2 - 3 Arsenal

Sunday, 25 January 2015, 16:00

The FA Cup Fourth Round

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

he thing is, footballers are role models, and children are influenced by them. I watched the Chelsea game with my 6 year old, and at school the next day she stamped on Emre Can.

megabrow (cufc)
Diego Costa: The Patron Saint Of S**thousery

Y

et again Barcelona try to convince the world that they only play the most virtuous of football. I've never seen a team so willing and able to dish out lumps but feel so self-righteous that no opposition player should ever have the audacity to tackle them.

charsmatcengma
Enrique hauls Neymar to safety

I

d love to see a United v Liverpool FA cup final. It would certainly fit the narrative. Obv I'd want the ending to be one of an O.G. and tears as he collects his runner-up medal.

GVMUFC
Gerrard Constantly Searching For That Final Hurrah

Footer 365

Chelsea striker Diego Costa will discover later on Friday whether he must serve a suspension for violent conduct

Chelsea striker Diego Costa will discover later today whether he must serve a suspension for violent conduct.

Premier League: Nigel Pearson insists his players must forget about their win against Manchester United

Nigel Pearson has been trying to make Leicester forget about their Manchester United win ever since they beat them 5-3.

Transfer news: Andre Schurrle nears Chelsea exit after agreeing personal terms with Wolfsburg

Chelsea forward Andre Schurrle is closing on a move back to Germany after agreeing to personal terms with Wolfsburg.

Mail Box

It's A Massive, Big, Brilliant Mailbox

And we left lots of Suarez/Costa mails unopened. What we do have is a video of some rotten Suarez tackles and views on the future of football, Spurs, Liverpool and...

But Biting Doesn't Hurt Like Stamping...

There are Liverpool fans arguing that Luis Suarez is nowhere near Diego Costa's sh*t-house league but we have plenty of love for the agitator too. Oh and Spurs...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company