No decision on FFP proposals

The Premier League will meet all 20 club chairmen again in February after putting forward proposals for new financial regulations.

Last Updated: 15/11/12 at 19:13 Post Comment

Premier League: Want their own FFP regulations

Premier League: Want their own FFP regulations

World Cup Promotions

Daily World Cup Promotions, sign up for a free £50 matched bet

Cost controls were top of the agenda at Premier League headquarters in London on Thursday, with the proposed measures having the support of the majority of club chairmen.

But their were major differences over how the restrictions would be implemented, and a four-hour meeting ended without a vote.

The likes of Arsenal and Manchester United want to ban clubs operating at a loss, while others insisted owners should be permitted to subsidise spending with their own money.

Fulham were among those who believe there should be no restrictions at all, and some want want the controls to only be short-term restrictions on player wage increases.

League executives will now clarify the proposals on a range of options, including a salary cap for each club, in the hope of getting the plans in place for the start of next season.

West Ham co-owner David Gold said: "There have been no decisions made. The debate carries on.

"I am hoping that we can come to some conclusions for the best interest of the football clubs and the league as whole, hopefully before the start of next season."

Swansea chairman Huw Jenkins added: "I think we will get a consensus on this. Over the next few months we should get something in place, most likely before the start of next season.

Jenkins added: "We are looking at the financial fair play rules and introducing that throughout the Premier League for the good of everyone in the Premier League and for the good of the game."

Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

B

rilliant article. Anything that makes a man of Scolari's age wear a cap with a hashtag on it will surely precede a disaster

westwoodbo
Brazil Team Over-Subscribed To Idea Of Neymar As Deity

R

ather than Sanchez nearly done could you provide the completion status please? Maybe today Sanchez deal 72% done and then tomorrow Sanchez deal 74.3% done , leading up to 100% on the evening of the transfer window close day. Thank you.

CamberleyGooner
The Autopilot Gossip

L

ast five Arsenal captains: Gallas, Fabregas, Van Persie, Vermaelen, Arteta. Talk about a poisoned chalice...

juan de gunnaz
The Sluggish Gossip

Footer 365

Transfer news: Arsenal sign Alexis Sanchez from Barcelona

Arsenal have confirmed the signing of Chile forward Alexis Sanchez from Barcelona for a fee believed to be £35million.

World Cup: Netherlands coach Louis van Gaal insists third-place play-off

Netherlands coach Louis van Gaal insists a World Cup third-place play-off "has got nothing to do whatsoever with sport."

FIFA rejects Luis Suarez appeal against ban for biting Giorgio Chiellini

FIFA has rejected an appeal from Luis Suarez against his four-month worldwide ban for biting Giorgio Chiellini.

Mail Box

Mails: It's Not Entertainment, It's Sport...

When did we start getting the idea that football was an entertainment business? It's about winning and winning alone. We also have some defences of Louis van Gaal...

Do England Need Scholes, Lineker Etc?

They've all got ideas about where things are going wrong, so why don't they step up and help? Plus, we have lots of fall-out from the dullness of Holland v Argentina...

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