Premier League clubs agree new cost controls

Covered End

The 20 Premier League clubs have agreed, in principle, to introduce radical new cost controls.

There are two main proposals on the table - a break even rule and a cap on the amount clubs can increase their wage bills by each season.

Club chief executives have now been asked to produce detailed plans for exactly how these proposals will work.

These rules would mark a major change for the clubs, which made cumulative losses of £361m in 2010-11.

Champions Manchester City, for example, made a £97.9m loss in their latest set of results, which were revealed last Friday.

City and Fulham are the only clubs opposed to any spending controls, BBC Sport understands. However, any new Premier League rule requires the approval of only 14 of the 20 clubs in order to be introduced.

With the Premier League's new three-year television deals expected to break through the £5bn barrier from 2013, momentum is growing to find a way of preventing the majority of that cash going straight to players and agents.

There have now been six meetings of top-flight chairmen where cost controls have been discussed without any concrete decisions being made.

The next meeting will be on 6 February.

Super_horns

This was talked about a whille back too..lets see what happens.

Its easy to say something might happen but to put into practise is something else.

limeygent

A "break-even rule" would seem to benefit only the bigger clubs, or those with bigger stadiums.

Absurdistan

limeygent said:

A "break-even rule" would seem to benefit only the bigger clubs, or those with bigger stadiums.

I think you will find that's the same as the current situation.

Am I the only one to think that 5 billion is an obscene amount of money to pay?

sam3110

Salary caps a la MLS with 3 players exempt from the cap is the way forward. Say 1million per week cap (10 players on 100k a week/20 players on 50k a week etc. depends how the clubs want to break it down)

It's still an obscene amount of money, but at the end of the day if its put too low there would be a max exodus from the Premiership and all our better players would leave for foreign money anyway.