Premier League Meets To Discuss Curbing Spending.

Premier League Meets To Discuss Curbing Spending.

Today, Newcastle and the rest of the Premier League are to meet to discuss imposing binding spending controls across the top division.

The Premier League chairmen will be presented with a number of options by the league’s top executives, these could lead to clubs being forced to break even every year or face sanctions.

It is not expected that there will be a decision immediately, with plans already in place for the clubs to then split into two groups of 10 with each having a mix of size and region, which will then go into the options in more detail.

This follows the decision earlier this year when the Championship agreed to limit the losses they can incur and levels of equity investment from shareholders, only 3 of the 24 clubs voted against the measures. In leagues one and two the clubs had already agreed to work with a salary cap.


Don't think this will go down well with some.

Thoughts?

 

Somehow I can't see this happening. Another 'meeting' does not equate to definite action. Probably big spending clubs will find loop holes and ways around it, as they have done with this new UEFA regulation...

 

I personally don't think there should be a cap on anything, as long as it works out that it's not the club that suffers, just the rich owners.

 

It should be up to the club how much they spend and how much they can afford to spend, but you'll always have somebody in authority trying to exercise their authority.

Sink or swim by your own means, don't have somebody else telling you what you can or can't do with your money.

 

Everyone agrees with this - - the question is what should it mean.

The Abramovitch's of this world says it that it means you should be able to spend all the money you can get your hands on, from sugar daddies or others. The Plantini's say it means you should only spend what you earn.

I must say that I am a bit divided on the issue.

 

Each 25 man premier league squad should have a wage cap of £40m. It's entirely up to the club how much of the £40m they allocate to each player.

£1.5m per year per player is an average squad wage of 31k per week per player. That's still ridiculous money!

Not every player is on silly money in the premier league you may have e.g. 8 players on 10k or less per week. This would save 168k per week which you could allocate to your key players.

This is the best way to do it, players should not be capped. The clubs should be, if Man City want to give Aguero £6m per year that's entirely up to them but they must build the rest of their squad with a wage budget of £34m.

This would be brilliant as everyone could compete on level playing without money dictating where players go during transfer windows!!

This would probably have to come from FIFA though as all the players would just **** off abroad!

 

Very good comment.

 

Its the way it is done with most north american sports. It tends to be verey popular woth the owners and less popular with the players

 

Can see how that would be.

 

'Tis a top idea. Fantasy football rules.

 

I agree something needs to be done, but after a bit thought, I think this way would also restrict clubs breaking through and attracting top players.

Who would go to QPR if they couldn't spend like they have been?

It would literally mean the top clubs of this country (Man Utd, Man City, Arsenal, dare I say it Liverpool, Chelsea, Spurs) would get all the top players and we would all be left with the ****e.

 

QPR had Rodney Marsh and Gerry Francis in days gone by, but money is changing everything and the rich get richer and the poor get poorer.

A sad state for football but that's life.

 

The problem is that clubs usually spend MORE than they can afford. That's why we need something in place. I think it should relate more to revenue though, not a specific cap to apply to all clubs.

 

No, you're right - what they're proposing (something like a % of your revenue is all you're allowed for salaries) only benefits those who have enormous revenue or allows for Citeh to invent ever more constructive ways of generating that revenue through "strategic investments and/or advertising..."

Instead it has to be what was proposed instead above in just saying 'right, you can't spend more than £40m on wages, or 50% of your revenue, whichever is the smaller number".

 

I think MA has looked into all the possibilities and seems to have things under control. Not that it's won him a lot of friends, but probably better for the future of the club.

 

The north american model is to fix a monetary cap, not a percentage of revenue cap. It actually makes it easier for a club to break into the top ranks. If there were a £40m club cap, then it's up to you whether to spend half on 2/3 marquee players or to have 25 players all earning about the same. A good manage and some shrewd selection and any club can put together a better club than any other

 

I like this idea but I'm not sure it should be implemented until it's implemented across all leagues in europe, else we'd have a disadvantage.

 

I agree!

Although if we did introduce this before everyone else would we possibly regain an England side that we can be proud of?

 

This equity idea is genius and will instil integrity into the football business, integrity and money are usually like chalk and cheese so this is much welcome.

 

I don't think it'd make any difference. The problem with English players is that the training methods are decades out of date.