Originally Posted by
Grumpy King of the West
It's hard to argue against that.
With regards to football finances there are a few things I'd like to see introduced:
1. Every club must service a bond (in favour of the League) to an agreed amount, and dependent upon the division. If a club fails financially then the bond is to be used to service debt, and continue the running of the club pending change of ownership. Calling upon the bond immediately forfeits current club ownership. Having the means to service the bond should be part of the Fit & Proper persons test when scrutinising potential new owners.
2. HMRC should be asked to report to the League the very moment a club defaults on tax liabilities. As things are things rumble on and on until HMRC has enough and seeks a winding up order. Early warning signs shouldn't be ignored.
3. Squad sizes should be capped (to lower numbers than at present).
4. All agents fees and expenses should be paid by the player. No ifs or buts, make that a rule.
5. Parachute payments should be abolished.
6. Related to 5 (above), it should be mandatory for all player contracts to include a relegation clause whereby wages should reduce to a level commensurate with the clubs drop in revenue.
7. Restrict the number of loan players (in an attempt to stop the big clubs from hoarding players).
That's just for starters....