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Whelan Wants Wage Cap

Whelan Wants Wage Cap

Wigan Athletic chairman Dave Whelan has once again spoken out about the state of debt in the Premier League and mooted his preference of a salary cap to make it a more equal competition rather than just a two horse race for the title.

Speaking on BBC Radio Whelan said that he believes rules need to be brought in to reduce the debt that top flight clubs find themselves in and in light of Sepp Blatter and Michelle Platini`s comments on the amount of debt in the Premier League, he said:

'UEFA are going to say things about debt and actually, I agree with them'

'They are talking about salary caps again now but what we should be doing is limiting the amount of debt that each club can have.

'Let's say 25 or 30% of your total income and you can't have any more debt on your balance sheet than that. If you do, you are breaking the rules and you get points deducted or whatever.'


With the Latics having a reported £54 million worth of debt the situation is serious considering the current economic climate and it is no wonder that Whelan is looking to get investment into Wigan Athletic with Hyundai talking over sponsorship of the shirts and stadium

The Latics need to bring in an enormous amount of extra revenue if they are going to compete with the top ten of the Premier League let alone the top four

John Madejski the Reading chairman also agreed with Whelan's comments he told the BBC:

'The Premier League in the last few years has been dominated by incredibly wealthy people from around the globe, it is big boys' toys basically.'

'There is passion and I think people do leave their brains behind in the boardroom sometimes especially when they are spending other people's money buying players.'



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Vital Latics - Counting the pennies

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Writer:Barry Worthington
Date:Sunday October 12 2008
Time: 12:00PM

Comments

0
They have said there is too much money in football since it went professional in 1901 or there abouts
worbo
12/10/2008 12:03:00
0
Would be nice but clubs would just find another way to make incentives to the players. Would be really good if the PL/FA and FIFA/UEFA set standards so that clubs couldn't carry the sort of debt some are, that would set a level playing field and cause Man Utd / Liverpool all sorts of problems, Real Madrid as well I would think... hence no one will do anything!
The Fear
12/10/2008 12:10:00
0
AH! Wage Cap? Is this the replacement buzz word to ease "Credit Crunch" out of the door?
merlin
12/10/2008 12:26:00
0
I cant see them ever being able to cap wages......there are too many countries laws etc that would have to all be brought into line....and as said earlier.....they would find other ways of giving the players more money if they did manage to bring it in..... ...mind you.....it would be typical for that to happen now us at City have money coming out of our ears !!!
lincolnblue
12/10/2008 13:04:00
0
http://news.bbc.co.uk/sport2/hi/rugby_league/6896583.stm http://news.bbc.co.uk/sport2/hi/football/eng_prem/7665875.stm how time marches on! as much good as he's done for the club, I really can't believe Whelan's supporting a salary cap after breaching one with Warriors!
paul41
12/10/2008 13:26:00
0
He didn't say there should be a wage cap, he called for a debt cap. He also revealed our current debt is £22m.
eh?
12/10/2008 14:41:00
0
I'm sure there could even be legal problems with a ruling to cap salaries for footballers. If it happens with footballers why not with other employees? Granted footballers earn very large sums of money but to make them the target of a discriminatory wage cap could be a legal minefield the FA or FIFA would not wish to negotiate.
Sindbad
12/10/2008 15:28:00
0
It will be hard to bring in a salary cap. Just like lincolnblue said to many clubs Fifa should impose it. They should also do what they said that they might do and thats kicking clubs out of Europe with a large amount of debt. That will show them that they can't just buy
Jonni_G
13/10/2008 15:19:00
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