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."

TEAMtalk Facebook Fan Page

The TEAMtalk 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

I

really enjoyed this. Thanks F365 for another year of work avoidance - happy Christmas.

megabrow (cufc)
Our Person Of The Year: Alan Pardew

I

m no Sam Fan and this article sums him up beautifully. I always like to imagine that when he watches anything on TV and hears clapping, he stands up and aknowledges the applause, thinking its for him!

cozens
Football Managers On TV: Sam Allardyce

N

ah, Fergie is just having another pop at Rooney. He just wants to put him down whenever he gets a chance. Rooney is by far the best English player. Carrick is not far behind, mind. However, by elevating Carrick like that, Sir is having a dig at Wayne. Fergie is well-known for mind games like that. Good to see he's still feisty.

timbo
Van Gaal will thrive - Ferguson

Footer 365

Premier League: Chelsea boss Jose Mourinho admits being a fan of West Ham ahead of Boxing Day showdown

Chelsea boss Jose Mourinho has backtracked on his '19th-century football' jibe at West Ham ahead of the Boxing Day showdown.

Premier League: QPR look for result against Arsenal, Rio Ferdinand in selection contention

QPR boss Harry Redknapp says Rio Ferdinand could be back in the team as the squad is rotated through the festive period.

Premier League: Nemanja Matic says Chelsea can win quadruple

Chelsea midfielder Nemanja Matic insists the Blues can win the quadruple this season.

Mail Box

Van Gaal's Half-Term Report Card...

One Man United fan isn't happy with the rate the team is progressing under Louis van Gaal, while the mailbox also wishes Liverpool fans a Merry Mid-Table Christmas...

Hang On, Rafa's Success Is No Fluke...

The afternoon mailbox kicks the morning mailbox's arse after claims that Rafa Benitez has fluked his success. Plus, big talk about Liverpool's progress and lots more...

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