Veltins Arena

Next Game

Malaga v Newcastle

Saturday, 02 August 2014, 14:30

Friendly Match

Hillsborough

Last Game

Sheff Wed 0 - 1 Newcastle

Wednesday, 30 July 2014, 19:45

Friendly Match

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

P

resumably, Diaby is in this team but receiving treatment

lee
The Pre-Season 'Is He Still There?' XI

A

deadwood 11 and not an arsenal player listed. Heady days.

EssexGooner
The Pre-Season 'Is He Still There?' XI

W

ithout doing any research I would have to say that Richard Wright is the singular most successful ex Ipswich Town player I know. Yes, thats what the kaleidoscopic whirlwind of highs and lows feels like supporting the Tractor Boys. In other exciting news I saw two, count them, TWO squirrels today. What a start to August.

hump3.
The Pre-Season 'Is He Still There?' XI

Footer 365

Premier League: Jordan Henderson looking to raise game for Liverpool and England

Jordan Henderson is aware that he needs to 'step up' for Liverpool and England following the departures of key men.

Premier League: Paul Lambert delighted to have Roy Keane at Aston Villa

Paul Lambert is enjoying working alongside Roy Keane, a man he sees becoming a key figure at Aston Villa.

Premier League: Joel Campbell wants Arsenal chance after latest loan link

Joel Campbell is hoping to be given a chance at Arsenal this season after spending the past three years out on loan.

Mail Box

How Can Tim Sherwood Be Out Of Work?

Don't peple know his PPG was THE BEST EVER FOR A SPURS MANAGER? We also have mails on Luis Suarez, the new fashion for 3-5-2 and more...

Plenty Of Reasons Why Lukaku's Worth It

The mailbox defends Everton's enormous outlay on Romelu Lukaku, while we also have mails on Spurs and Suarez. Oh, and worrying about the new magic spray...

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