Premier League clubs to meet next week to discuss spending controls
Friday 21 September 2012 19:48, UK
Proposed spending controls in the Premier League will be discussed at a meeting next week.
The clubs most opposed to cost control measures are Manchester City, Chelsea and Fulham but even they might be inclined to accept a system to guarantee financial liabilities. The sanctions for breaking the rules are unlikely to be as drastic as UEFA's system which threatens to exclude clubs from European competition if they do not come close to breaking even. In the Premier League, a transfer ban or fine is much more likely to be agreed to punish transgressions.