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Premier League clubs agree new cost control

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posted on 18/12/12

Positives: It will benefit us

Negatives: Arsenal will be in a strong position when they're debt free

posted on 18/12/12

At a PL level it will probably benefit us, at a European level it could be a huge disadvantage unless the other countries also sign up to something similar

posted on 18/12/12

Yes this does need to be implemeneted at European level just to ensure that the Premier League does not lose its best players.

posted on 18/12/12

We make profit by selling our best players to our rivals and our wage bill is already astronomical.

You lot might as well pack up and go home now.

posted on 18/12/12

It won't benefit City much will it?

posted on 18/12/12

City one of the clubs who opposed it......

Wonder why that is then?

Surprised at Chelsea as well. This season was the first time they have made a profit under Roman, a measly 1.5 million or something shoddy like that. And that had a lot to do with them winning the CL. A feat that doesn't look likely to be repeated any time soon.

The age of the plastic club is soon at an end.

posted on 18/12/12

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.

==

City are far away from breaking even, this rule may not be good for them.

comment by Chronic (U3423)

posted on 18/12/12

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

97.9 MILLION LOSS

that is totally and utterly absurd.

97.9 million! loss... in one year.

facking ridiculous

comment by Ruiney (U1005)

posted on 18/12/12

Great news for us

The first comment underneath...


What about the £28 million pounds WE the UK taxpayer GAVE Man Utd last year?
On £350 Million revenue the HRMC gave Man Utd £28 million REBATE.
Oh, I suppose its one rule for Man Utd and another for the rest because Fergie says so.
Same old, same old....

Wound up?

posted on 18/12/12

A doctored profit too, SE85.

comment by Ruiney (U1005)

posted on 18/12/12

97.9 MILLION LOSS

that is totally and utterly absurd.

97.9 million! loss... in one year.

facking ridiculous
....

It was £200m last year

posted on 18/12/12

Haha Rui I bet it's Boris

comment by Chronic (U3423)

posted on 18/12/12

comment by _☃ Captain Ruiney™ 19 - Unlisted 'Till I Die (U1005)
posted 14 seconds ago
97.9 MILLION LOSS

that is totally and utterly absurd.

97.9 million! loss... in one year.

facking ridiculous
....

It was £200m last year

--

200 mill

its laughable

posted on 18/12/12


The 20 Premier League clubs have agreed, in principle,

=========================

so basically, they havent agreed on anything.

posted on 18/12/12

"97.9 MILLION LOSS"

----------

Wasn't that almost halved from what they lost the previous season?

Looks like the average City season ticket price is about to go through the roof!

posted on 18/12/12

It also depends what they really bring in. Of the two suggestions:

- a 'break-even rule' is easy enough to get round if you have a super rich benefactor, you just have to find another way of financing it

- a wage bill increase cap doesn't actually mean that much if you work in percentages rather than actually figures. When you look at the wage bills of City, Chelsea and to a lesser extent Arsenal, a percentage increase means a lot more money going into a players pocket than at Wigan, Everton etc

posted on 18/12/12

City will be okay I reckon.

They've got a lot of very rich supporters and they regularly pack out the Ethiad Stadium.

Oh wait...

posted on 18/12/12

For a new rule to be implemented in the league, it needs backing from 14/20 PL clubs. So far it's only 3 clubs that are opposing them. (City, Villa and Fulham)

posted on 18/12/12

To be fair, City share a city with one of the biggest clubs in the world. They do have a decent local support, but obviously United and Liverpool have a larger local fanbase.

posted on 18/12/12

Anything that stops players bleeding clubs dry and taking all the money out of the game surely has to be a good thing

posted on 18/12/12

I'm surprised Fulham are opposing cost control methods. What are they going to gain out from that?!

posted on 18/12/12

This says more than anything about the reality of it all...I won't be holding my breath for change to happen

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

posted on 18/12/12

fulham buyout coming ?

trying to get the share price up ?

posted on 18/12/12

Arab, I'm just made up for the City fans. They're finally gonna get to see what it's like to support a self-sustainable model.

To do this they will have to become clubs like Arsenal's academy.

posted on 18/12/12

City will be okay I reckon.

They've got a lot of very rich supporters and they regularly pack out the Ethiad Stadium.

Spot on.

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