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.

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

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

I

m absolutely disgusted that I've been misquoted in saying that if a chance came up to join Arsenal I would be interested. What I meant to say is if Man United or Chelsea were interested......

gulliver
Agent cools Benteke exit talk

L

FC league positions and points from last 4 seasons - 7 (61), 8 (52), 6 (58), 7 (63). Werner calls it progress, I call it mid table stability.

kolev_lfc
Reds progress delights Werner

I

s there a PR agency covering Begovich, Odemwingie, Steven Fletcher and Grant Holt or something? Why would you offer a quote like that without having been announced by either club. #headsshoulderskneesandtoesgone

Havelange
Begovic hints at Liverpool move

Footer 365

Blackburn appoint Gary Bowyer as manager on 12-month rolling contract

Blackburn have confirmed the appointment of Gary Bowyer as the club's new manager on a 12-month rolling contract.

Inter Milan appoint Walter Mazzarri as coach after sacking Andrea Stramaccioni

Inter Milan have named Walter Mazzarri as the club's new coach on a two-year contract after sacking Andrea Stramaccioni.

Napoli president Aurelio De Laurentiis clarifies Rafa Benitez comments

Napoli president Aurelio De Laurentiis has clarified earlier comments regarding a deal being agreed with Rafa Benitez.

Mail Box

Wayne Rooney Is Just An Average Athlete

That's the difference between him and someone like Cristiano Ronaldo - his body just isn't right. We have mails on him, Sparky, Brendan Rodgers and the Europa Lge...

Saving The Europa League And More...

Nice one UEFA, but not far enough. We have some ideas to make the Europa League better as well as more views on Wayne Rooney, Vermaelen in midfield and...

© 2013 British Sky Broadcasting Ltd. All Rights Reserved