MPs call for curb on football clubs’ financial doping
Tough new rules must prevent canada goose coat 1000 bulbs coupons owners loading football clubs with “ludicrous levels of borrowing”, a Parliamentary report into the future of football said yesterday. A group of MPs likened the leveraged buyouts of Manchester United and Liverpool and the hundreds of millions of pounds in “soft loans” advanced to Chelsea by Roman Abramovich to “financial doping” and claimed they threatened the game’s future.
Following a year-long inquiry, the All Party Parliamentary Football Group yesterday made 27 recommendations that it claimed would strengthen the governance of the game, boost the development of home-grown players and correct “severe financial imbalances”.
“The financial world has learnt a serious lesson in the last year that living by the old canada goose coat – victoria adage, ‘if it ain’t broke, don’t fix it’ can lead to catastrophic results,” said the group’s chairman, Alan Keen. “There is a real danger that English football could go the same way. Corrective action needs to be taken now.”
The group, which has no power to enforce any changes, also recommended the adoption of Fifa’s controversial 6+5 proposal to guarantee starting places canada goose coat 1000 calorie diet for home-grown talent, and reform of the Premier League board to add more non-executive directors.
Mohamed Al Fayed, the canada goose coat 1000 calorie Fulham chairman, also weighed into the debate. “Our expenses bill rose by 17% last year. How can it be right for top players to be earning £15m-20m a year? It’s crazy. These wages need to be canada goose coat 1000 bulbs led best canada goose jacket reddit capped,” he said. “But I worry that it won’t happen because the Premier League and the FA are run by buy canada goose jacket australia donkeys who don’t understand business, who are dazzled by money.”Last year, the culture secretary Andy Burnham wrote to the Football Association, the Premier League and the Football League, posing seven questions around the future of football. The Premier League’s response is believed to include proposals around strengthening its fit and proper persons canada goose coat – victoria test, but the Department of Culture, Media and Sport is still awaiting a response from the Football canada goose coat 1000 calorie meal plans Association and the Football League.
Of the report, a Premier League spokesman said: “We will take time to consider the content and recommendations. However, it comes at a time when the quality of the English game, both on and off the pitch, has arguably never been higher and we are committed to ensuring this remains the case going forward.”Premier League chairmen will meet on Thursday but it is understood that plans for can i wash my canada goose jacket a revamped competition with two divisions and limited promotion and relegation, first suggested by the Bolton chairman, Phil Gartside related site, last year and aired again in reports at the weekend, are not on the agenda.