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EPL: New Home-Grown & Finance Rules

EPL: New Home-Grown & Finance Rules


From the start of next season Premier League clubs will have to play by new rules...

Each club will be required to have eight 'home-grown' players in their squad of 25, and this can be no more than 25 unless those extras also in the squad are under 21.

Alterations can be made to the squad named, but only at the end of the summer and winter transfer windows, but these alterations must see this squad stay within the limits of no more than 17 players, out of the 25, over the age of 21 and not home-grown.

A player is defined as 'home-grown' if they have trained within the professional system in England or Wales for three-years and are under the age of 21. Chief executive Richard Scudamore, quoted on sky sports, believes this will make buying home-grown talent 'more attractive' with it acting as another incentive to 'invest in youth' that will ultimately 'benefit' the national side: 'it's not in the club's interests to stockpile players. It will make buying home-grown talent more attractive.

'We're not going down the route of a nationality test but what this will mean is that you just can't buy a team from abroad.'

'We think it will give clubs an extra incentive to invest in youth. We think that one of the benefits will be that it will help the England team.'


Also to be changed, and these changes come in immediately; will be the way clubs are run financially.

Clubs must follow guidelines set out that sees accounts submitted annually, which the premier league board will then look at to ensure that each club can: 'fulfil its fixtures, pay off its creditors when they are due and also to meet obligations to the Premier League's contracts and partners?'

If these criteria are in danger or are not being met transfer embargos can be handed out along with the club agreeing a budget to work on - all is being done to ensure that each club is financially viable to sustain its existence essentially, he added…

'It's absolutely crucial that these clubs are run as ongoing viable concerns. These financial rules apply immediately.'

'This is tied in, and we passed the rule during the summer, to a 'fit and proper person test'. At our club meeting last week, the clubs absolutely endorsed our position of not linking expenditure to income.'


These are changes to the top-flight game that are not going to do it any harm, are they?

Although there will now be even more attention paid to youngsters, or 'home-grown' players, which will then need the games governing bodies to pay extra attention to how clubs approach others - some flexing their muscles - to prise these assets away... A greater transparency on the financial score does not sound a bad idea to me at all though!

Many thanks to Rug from Vital Pompey for allowing VMC to use this article.

Richard Scudamore video clip can be located here.

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Writer:Rug
Date:Tuesday September 15 2009
Time: 4:53PM

Comments

0
It's not under 21. Homegrown means trained for 3 years before their 21st birthday... they can still be over 21. eg. Wright-Phillips counts as homegrown.... 17 players can be anything and 8 must be homegrown. City apparently (according to Sky) have 14 players in the current squad who count as homegrown. Anyone under the age of 21 can go on a b-list and play too.
MCFC_Goatboy
15/09/2009 16:57:00
0
At least its progress - although i think the Prem could have gone further. Also the only decent thing Scudamore has ever said.
HuddersfieldYiddo
15/09/2009 17:19:00
0
Bring it on. We have absolutely nothing to fear as our squad is already prepared for it. The campaign to stop City competing with the Big Four financially continues, but that'll come to a grinding halt when these rules come in. The likes of Arsenal who often field teams with no homegrown players and the banned from buying Chelsea will be more than unsettled by this news.
Johnny Baguette
15/09/2009 17:19:00
0
Are not every club in the Premiership, currently able to fulfil this new law, even right now? And did the Premiership not vote on the numbers quoted? Just saying, that's all.
BlueWolfie
15/09/2009 17:34:00
0
i dont really have any problems with this new rulling after all we have a duty to bring through young english talant
mark.mcfc.wedged
15/09/2009 17:40:00
0
There were a few that didn't have enough homegrown on the list SSN put up but I wasn't paying attention just saw us with 14 homegrowns.
MCFC_Goatboy
15/09/2009 22:01:00
0
I'd have a similar opinion as that of BlueWolfie as this new rule sounds like a big change yet there are so many loopholes that you could park a double decker bus between that it is questionable whether any real change has been made at all. Anybody who has been here for several years from a young age count as home grown regardless of nationality, if you have numerous key players 21 or under then you don't register them as they can still play anyway so you ensure that the older players are registered. Squads will still be of a similar size to what they are now after this token gesture which will probably appease UEFA and FIFA.
Kevinho
16/09/2009 12:31:00
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