Britannia Stadium

Next Game

Stoke v Everton

Wednesday, 04 March 2015, 19:45

Barclays Prem

Emirates Stadium

Last Game

Arsenal 2 - 0 Everton

Sunday, 01 March 2015, 14:05

Barclays Prem

League looks to ratify FFP

The Premier League will look to ratify their Financial Fair Play regulations on Thursday at a shareholders' meeting.

Last Updated: 11/04/13 at 14:17 Post Comment

The proposals were voted on in February by the club chairmen - but the vote could not have been closer.

Under Premier League rules a two-thirds majority of the 20 clubs is needed, and only 13 voted in favour with six voting against - but Reading's decision to abstain meant that the motion was passed.

Chief executive Richard Scudamore is now pushing for the proposals to be approved on Thursday, and it is expected that the plans will be ratified despite some opposition.

It is understood that Fulham, West Brom, Manchester City, Aston Villa, Swansea and Southampton were the clubs who voted against the plans in February. Should another club vote against, or indeed Reading join the 'no' camp - then the proposals would be blocked.

The plans promise two significant controls; To limit players' wage bills from next season and longer-term measures that will restrict the amount of losses clubs can make to £105million over three years.

Clubs whose total wage bill is more than £52m will only be allowed to increase their wages by £4m per season for the next three years, but the cap does not cover extra money coming in from increases in commercial or matchday income.

The ceiling when the wage increase restrictions kick in will be £52m next season, £56m the following year and £60m in 2015-16. Only seven of the current top-flight clubs would be under that ceiling at the moment.

The regulations have come about against the backdrop of UEFA's Financial Fair Play (FFP) initiative.

Under UEFA's new rules clubs are being forced to minimise losses or risk the possibility of exclusion from European competition from 2014/15.

Should Premier League clubs break their proposed new rules, Scudamore has already confirmed that they will face a points deduction.

Related News

Most Commented

Readers' Comments

H

aha, as a German supporting United I can only agree with your great insight in German football! No idea why, but I HATE Eintracht Braunschweig and please don't ever place a bet on Leverkusen, they mess up my ticket every time!

utzelot
The Ten Most Hated Things In Football

M

ichael Owen's BT Sport commentary. Michael Owen's Match of the Day punditry. Michael Owen's annual moustache. Michael Owen's unwavering belief that Michael Owen could still do a job for England if called upon in the next major tournament

stevenjameshyde
The Ten Most Hated Things In Football

L

VG with Rooney up top. The 3 in MF being Blind, Herrera and Mata. Young on LW and Di Maria or Januzaj on the RW. You know it makes sense.

GVMUFC
Big Tactical Calls For Manchester Pair

Footer 365

Mile Jedinak will serve four-match ban after accepting FA charge

Crystal Palace midfielder Mile Jedinak will serve a four-match suspension after accepting a Football Association charge of violent conduct.

John Terry will be with Chelsea next season as Jose Mourinho issues guarantee

Jose Mourinho has guaranteed that Chelsea captain John Terry will be with the club next season.

Dave Whelan steps down as Wigan chairman with immediate effect

Dave Whelan has decided to end his 20-year spell as chairman of Wigan with immediate effect, with his grandson taking over.

Mail Box

LVG Stick Needs A Little Context...

LVG's rough ride from the media needs some context - then you would understand, while the Mailbox urges Nabil Bentaleb to go down...

Henderson The Best Midfielder In PL?

Jordan Henderson is named by two afternoon Mailboxers as the PL's best midfielder, while another suggests Man United are trying to emulate Barca...

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