Click to use the eyefootball Desktop site.
Wolverhampton Wanderers owner Steve Morgan wants the Premier League to eventually impose a salary cap. Morgan believes billionaire owners of other clubs could destroy the Premier League.
Morgan hopes that the Premier League will consider a cap at 50percent of annual turnover as the maximum expenditure on player salaries.
"If there was a wage cap of 50 per cent of turnover, it would be good for other people who were perhaps finding it more difficult to stick to the limits," Morgan said.
"Wages are the biggest single cost to football and there are clubs in the Premier League even aside from Manchester City, such as mid-ranking or lower mid-ranking clubs that run into 60, 70 and 80 per cent of their turnover.
"That isn't sustainable. What are these clubs thinking of? If clubs want to avoid getting into serious financial trouble, they must get wages under control."
Written by majicka
Copyright 2007 - 2019 Eyefootball Ltd. All rights reserved. The news and views discussed here are those of the participating users, and do not necessarily represent or have the endorsement of the editors of Eye Football.
Terms of Use - Privacy Policy - Contact Us - Use Desktop Site