English Premier League clubs agree new spending controls

However, there are those who argue that for previously middling clubs to challenge giants such as Manchester United, there is no other way than by a massive cash injection and that the new rules could simply entrench the existing order, making for a less exciting league.

updated: February 08, 2013 10:35 IST
  • Total Shares

London: The Premier League announced on Thursday that clubs in English football's top flight faced a points deduction if they breached new spending controls due to take effect from next season.

The 20 clubs will not be allowed to make a loss above £105 million ($165 million) over the next three seasons, while from 2013-14 they must limit their player wage bills.

"If people break the £105m we will look for the top-end ultimate sanction range -- a points deduction," said English Premier League chief executive Richard Scudamore.

Show Full Article
  • Football
  • Birmingham City
  • Inter Milan
  • Chelsea
  • Manchester City
  • Arsenal
  • Everton
  • Liverpool
  • Steven Gerrard
  • Mark Hughes
  • Alex Ferguson
  • English Premier League