Premier League Clubs Lose Money 'Hand Over Fist'

It stops being a sport or competetion of any kind when clubs are allowed to have their wage bills tens of millions higher than their annual turnovers. Its supposed to be about football. A game played by 22 players on a patch of grass. Not the size of any respective owners bank accounts.

wouldn't it be nice if they could bring players wages down to a 'reasonable' level and all clubs stuck to it. Common sense will never prevail though and the players will become more distant to us and more arrogant and more clubs will end up like Rangers... gone.

Long gone are the day when players signed for the Club rather than the money, although in Colin Bell's book, he did sign for City because they offered the most money. Reduce players wages, well that good, Adebayor has lost the love at City, but won't move because no-ones wants to pay him the same wages, Tevez could not get a move to PSG, because they would not pay the wages. City would not have got players without paying inflated transfer fees or wages. City were on a no win situation with this one. City were in a market of their own one price for City, another for any other Club. Should there be an independent player valuation committee? If you want City not to spend lots of money, get the selling Clubs to value their players at a fair price.

Why not introduce a salary cap à la NHL/NFL? The system could work like this: the cap is set as a percentage of the average revenues of the whole league. So for exemple if the total revenues of the PL were equal to 2bn, the average revenue pr club equals to 100 million (2bn/20), a salary cap can then be set as a percentage of average revenu let's say 50%, in which case the salary cap for the clubs is 50 million. the clubs could then choose to spend this amount how they wish on their players but with a cap of for example 20% of the total amount that could be spent on 1 given player, in which case with these figures would amount to 10 million, but with then only 40million left to spend on the remaining players... The advantage of this system is that all the clubs would be competing on level terms, and above 10 million top players would go for sporting reasons rather than money. It would also not prevent smaller clubs to compete as they would be able to spend a higher % of their revenues on player salaries than the top clubs. However, it may be difficult to put in place in Europe, as there would need to be some sort of regulation beween countries to prevent player exodus to Spain for example. One solution could be for UEFA to segment the European leagues and calculate the average revenue by segment: For example clubs generating more than 100 million could be in one segment, clubs generating beween 100 and 70 million in another etc...and the applicable salary caps based on the average revenu within each segment.