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.

Related News

Most Commented

Readers' Comments

O

ne of the conclusions from this list is that Man City should never buy a striker in January - good luck Wilfried Bony....

Savinator
F365's Top Ten Worst January Panic Buys

I

was there, it was embarrassing - the team looked totally unbalanced from the off, the defence was woeful and when Mikel came off injured it got even worse with nobody in front of them. Up front on several occasions we had opportunities and nobody would shoot - it was a complete farse! On the back of Salah's performance I'm glad there is talk of getting shot...

Fly1ngh1gh
Cup defeat shames Mourinho

G

reat to see Tommy Rosicky getting some love. A wonderful player. Such a pity we lost so long to injury. I was so excited when we signed him, this resurgence only makes the absences seem more of a lost opportunity.

cheshire-gooner
16 Conclusions: FA Cup Fourth Round Weekend

Footer 365

Transfer news: Tottenham's Emmanuel Adebayoyor interesting PSG and QPR

Paris Saint-Germain are interested in signing Tottenham’s Emmanuel Adebayor on loan, Sky sources understand.

Transfer news: Dundee United defender Keith Watson has joined Hibernian

Dundee United defender Keith Watson has joined Hibernian on loan until the end of the season.

Luis Figo enters race to challenge Sepp Blatter in FIFA presidential election

Former Ballon d'Or winner Luis Figo has announced his intention to stand for the FIFA presidency.

Mail Box

'Diego Costa Is A Thug.' Sore Losers..?

There is plenty of fallout from Diego Costa's stamps of authority on Tuesday's League Cup semi-final. Plus Blatter, Rodgers' substitutions and stretching the transfer truth...

The Problem With FA Cup Shocks...

...is that the draw for the next round is pretty shocking. Blackburn v Stoke, anybody? We also have mails on LVG and ManUnited, who drew plenty under Fergie...

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