League spending controls agreed
Share This Story
The 20 Premier League chairmen have agreed in principle for clubs to have to break even, despite some opposition at a meeting on Tuesday.
However the exact details of the spending controls has yet to be agreed - specifically around how much wealthy owners can put into the club to cover losses, sources close to the process have disclosed.
The club chairmen have now asked Premier League executives to bring back detailed plans on the spending controls for the next meeting on February 6, and on proposals to cap wage rises for players in the short term.
It is understood Manchester City, Fulham and Aston Villa remained opposed to any controls but approval by only 14 of the 20 clubs is needed for the moves to go through.
Trending Now
-
Chivas USA youth player dies in crash
Julio Chavez, a defender and captain of Chivas USA's Under-18 team, has died in an au... -
Altidore helps USA defeat Honduras
USA exacts revenge as Altidore pushes Yanks closer to World Cup berth. -
Arsenal steps up Higuain interest
Arsenal prepares move for Real Madrid striker Gonzalo Higuain. -
Torres set for Mourinho talks
Fernando Torres has brushed off speculation linking him with Barcelona by insisting h... -
No offers for Barcelona's Fabregas
Cesc Fabregas has reiterated that he has not received any offers from any clubs to te...
SOCCER Headlines
-
Paper Chase: Arsenal steps up interest in Real's Higuain
-
Fabregas reveals no offers made by Manchester United
-
Torres set for talks about future with Chelsea boss Mourinho
-
Newcastle confirm Kinnear appointed director of football
-
Manchester City, Real Madrid make bid for Malaga's Isco
-
Spurs ace Gareth Bale set to trademark goal celebration logo
-
Jose Mourinho happy with new financial fair play rules
-
Liverpool striker Luis Suarez reiterates Real Madrid desire
-
Borussia Dortmund striker Robert Lewandowski to stay put
-
Europe's elite targets Arsenal defender Laurent Koscielny
Member Comments
Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.