Salary caps for the Premier League on the horizon?
Wednesday, 08 October 08, 11:30 AM · Comments(0)
We’ve mentioned the state of English football and their money-crazy ways before, as well as given you some links to writers who believe it has gotten out of control. Most recently, there was this post about the opinions of culture secretary Andy Burnham on the state of today’s game.
So we certainly have some interesting news today, as FA chairman David Triesman has attacked the 3 billion pounds of debt in the football industry (mainly among the top Premier League clubs), and talked of potential salary caps, as well as harsher ownership regulations. This has (as the article shows) and no doubt will continue to tick off the Premier League and their clubs.
On top of that, UEFA general secretary David Taylor talked about the potential for excluding teams with debt from European competitions (hello Champions League).
It will be interesting to see how the FA/EPL clash plays out, as the FA has not been the strongest force while English football has financially skyrocketed. Its assertion of these potential changes should make for some dicey exchanges in the near future......read the rest at:
http://www.examiner.com/x-642-Soccer-Examiner~y2008m10d8-Salary-caps-for-the-EPL
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