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Friday, September 7, 2012

Manchester United and Arsenal favour salary caps

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http://www.todayonline.com/Sports/EDC120907-0000087/Salary-caps-for-EPL-clubs

The Premier League is considering the introduction of rules to control escalating player wages before the huge influx of cash from the next television deals in 2013-16.

Potential rules presented to the clubs by chief executive, Richard Scudamore at a meeting in London yesterday include a salary cap or a form of Uefa's financial fair play rules.

Any rule change requires 14 of the 20 Premier League clubs to agree and Manchester United and Arsenal are understood to be in favour of rules similar to UEFA's, which require clubs to move towards breaking even financially, not making losses.

However, clubs including Fulham, Everton, and Tottenham Hotspur, are understood to question whether clubs need new regulations, rather than being trusted to manage their own affairs.

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