main purpose is to stop spiralling debts and rich owners subsidising clubs

providing you have the legitimate income (inc tv revenue) to cover it, my understanding is that you can spend what you like on wages etc.

So clubs will. Especially in the Premier League as staying on board the gravy train will become life or death for a club - the ability to balance the books will be so totally dependent on the tv revenue as other sources just won't make up the shortfall.

I suspect a number of clubs will go pop when they get relegated.

There needs to be a wage cap, it's the only way to properly curb spending.

Posted By: CWC on March 20th 2013 at 12:26:41

Message Thread

I might be talking out of my arse... (Other Football) - Pixelman, Mar 20, 12:02:22
- main purpose is to stop spiralling debts and rich owners subsidising clubs (Other Football) - CWC, Mar 20, 12:26:41
- There will be ways round it. (Other Football) - Arizona Bay, Mar 20, 12:21:54
  - Thought you were a right devious bastard. (n/m) (Other Football) - colincanary, Mar 20, 12:23:14
    - I am a devious bastard, but financially minded devious bastards are a whole other species (Other Football) - Arizona Bay, Mar 20, 13:31:45
      - True they attain very high levels of bastardness (n/m) (Other Football) - colincanary, Mar 20, 13:51:09
- as with all new football laws (Other Football) - doncoop, Mar 20, 12:17:57
  - ^^^^ vmt ^^^^ (n/m) (Other Football) - colincanary, Mar 20, 12:20:57
    - true though (n/m) (Other Football) - doncoop, Mar 20, 12:26:25

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