da doce：
da dobrowin： Premier League Chief Executive Richard Scudamore answered questions in front of a Select Committee at the House of Commons yesterday to discuss the implementation of player salary caps, according to The Guardian.
The proposal would ultimately force Premier League clubs to reduce their percentage income on player wages and subsequently increase their chances of running a more profitable organisation. It would be a form of the UEFA financial fair play regulations which states that clubs have to demonstrate that they are not working towards a loss. The proposal suggested by the Premier League comes as statistics displayed a large increase in the money spent on wage bills in just under ten years.
In the 2001/02 season, Premier Clubs spent £1.1 billion – 62% of the average club’s turnover – on players’ wages compared to £2.5 billion – 70% of the average club’s turnover – that was spent in the 2010/11 season.
These statistics may be slightly skewed however by the fact that the Premier League clubs now have a greater turnover than they ever have, primarily thanks to the ever expanding global appeal of the league.
In order for the proposal to be ratified, 14 of the 20 Premier League clubs have to be in favour. At this moment in time, the chance of 14 clubs being on board with the suggestion appears unlikely. There are several clubs, including Fulham, Everton, West Bromwich Albion, Newcastle United and Tottenham Hotspur who believe that Premier League clubs should be trusted and left to their own devices when it comes to managing their own finances.
These clubs also argue that the new proposal would just to allow the league’s heavyweights such as Manchester City, Manchester United and Chelsea to outspend every other club and subsidise their losses in a flash.
That being said, Manchester United and Arsenal have publicly said that they would be in favour of a potential wage salary cap. Arsenal manager Arsene Wenger, who of late has been victim of big spending clubs taking his best players, has said that, “you should just get the resources you generate, that will determine the real size of the club.”
The most ardent supporters of the proposal are Stoke City, West Ham United and Wigan Athletic. Stoke City Chairman Peter Coates said in the week, “I hope this view is widely shared: we cannot have all the new money going in inflated wages and payments to agents. There is no need to do that; we will have the same players, they won’t get better because we pay them more. It should not be beyond us to find a formula that works for us all.”
Premier League salary caps would certainly not be a revolutionary step for sport. In the United States of America, the MLS, NBA and NFL all have player salary caps. Likewise, the Aviva Premiership in Rugby Union has been a great financial beneficiary from players’ wages been capped.
On the other hand, the ultimate fear for Premier League clubs is that they don’t want to stop attracting the very best players to what some people argue is the greatest league in the world.
[ad_pod id=’dfp-mpu’ align=’right’]