St James' Park, Newcastle

Next Game

Newcastle v Burnley

Thursday, 01 January 2015, 15:00

Barclays Prem

St James' Park, Newcastle

Last Game

Newcastle 3 - 2 Everton

Sunday, 28 December 2014, 16:15

Barclays Prem

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

W

e have the personnel. The trick is keeping them fit. Carrick and Blind have missed large chunks of the season, while the defence has been one muddled mess of intermittent stooges, all coming and going at various intervals thus far. We may be just short of title winning quality, but we're half way through. An injury crisis to either of the top two could change things. Optimistic, yes, but not unrealistic.

HarryBoulton
One Point And One Conclusion For United

P

arish is the man to blame for this shambles. Pulis must be chuckling into his left over turkey sandwich. I pray this doesn't mean the Neil Warnock media machine will kick in now and he'll be back on the telly box.

magicfuller
Warnock sacked by Palace

W

e almost found a new way to lose, just when I thought it was getting boring Giroud does that. Although Arsenal are deservedly called 'soft' the entire midfield is out injured. Still must admit MU are managing to win despite a similar raft of absentees. Think the Gunners have good players but poorly coached.

gettalong
Wenger: Giroud deserved red

Footer 365

Premier League: Tony Popovic would be free to leave current club for Crystal Palace job

Western Sydney Wanderers chairman Paul Lederer will not stand in Tony Popovic's way if Crystal Palace approach him.

Sky sources: Alan Irvine will be in charge for West Brom's trip to West Ham on New Year's Day

A senior West Brom source has told Sky Sports News HQ that Alan Irvine will be in charge for the game against West Ham.

Transfer news: Fernando Torres heads back to Atletico Madrid on loan until end of next season

Fernando Torres is returning to Atletico Madrid on loan until the end of the 2015-16 season.

Mail Box

What's Happened To Everton And Martinez?

There aren't many people still talking about how the Spaniard is better than David Moyes. Plus, thoughts on Jose Mourinho's moaning and Spurs at least being very fit...

Van Gaal's Half-Term Report Card...

One Man United fan isn't happy with the rate the team is progressing under Louis van Gaal, while the mailbox also wishes Liverpool fans a Merry Mid-Table Christmas...

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