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

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

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."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Footer 365

Arsene Wenger responds to Jose Mourinho taunt

Arsene Wenger has brushed off Jose Mourinho's latest taunts after the Chelsea boss said the Gunners' recent spending may come as "a surprise".

Manuel Pellegrini backs Raheem Sterling to justify price

Manuel Pellegrini insists Raheem Sterling will justify his club-record £49million price tag at Manchester City in the coming years.

Jose Mourinho: Arsenal spending way to title contention

Chelsea boss Jose Mourinho says Arsene Wenger is buying his way into Premier League title contention.

Mail Box

Di Maria Just Didn't Fit (S**t Happens)

If a signing doesn't work there doesn't have to be a massive witch hunt. So there. Plus a detailed net spend rant, Breel Embolo, computer games and Louis van Gaal...

The Calculator Is On Wenger's Side...

Over the last five years, Arsenal's net spent is about 55% of Chelsea's, so shush your mouth Jose. Plus, Van Gaal is attacked and defended in equal measure...

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