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

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

I

ve heard his older brother might be joining as part of the deal too... Roland.

wezmond
West Ham sign defender Rat

I

think it's time anyway. That hat must smell awful by now. Time for a change and a rinse

levi
Pulis' Stoke exit confirmed

A

manager's job is to manage? or have I missed something here? PDC is in charge of our players, not Gordon Taylor. Move along here, nothing to see.

TheGuru
PFA: Cats players have complained

Footer 365

Boateng signs Fulham deal

Ghana international midfielder Derek Boateng has announced he has signed a two-year deal at Fulham.

Cardiff boss Malky Mackay insists he will not join Everton

Cardiff manager Malky Mackay has played down talk linking him with the vacancy at Everton.

Pardew set for crunch Toon talks

Newcastle boss Alan Pardew is due to sit down with owner Mike Ashley on Wednesday to discuss the way forward.

Mail Box

A Night In The Pub With Aston Villa...

Villa are the latest team to get the pub treatment, while the morning mailbox also includes missives on Tony Pulis leaving Stoke and Chelsea's future under Jose Mourinho...

Mourinho Isn't Short-Term, Football Is

There's more in the afternoon Mailbox about Jose Mourinho and his potential return to Chelsea, while there's also a link to some pictures of eagles that look like Arsene Wenger...

© 2013 British Sky Broadcasting Ltd. All Rights Reserved