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With financial problems looming over the Premier League, what steps can be or should be taken to avoid a potential disaster?

Rich Americans?

Ooooohhhhhh not a subtle shot at safcrhys there I hope Si ;-).  There will be no money problems for the EPL.  If even West Brom are announcing operating profits of over £10M then I forsee no problem.

I'd also like to point out at this moment in time, before any idiot says it, that a salary cap on the Premier League is completely unworkable.  Firstly, the massive gulp in club finances would make the salary cap biased towards smaller teams.  The big earners at Man Utd are on about £125,000 p/w, right?  The big earners at, let's say, Aston Villa, are on about £50,000 p/w.  If a salary cap of £100,000 were introduced, teams like Man Utd would have to de-scale their wages accordingly, and become less attractive, but teams like Villa would continue to operate as normal, and with less money on offer, first team football would become more atractive, thereby making Aston Villa more popular and Man Utd less popular.  And secondly, clubs always find a lopp-hole, from ridiculous bonuses to back-handed cash payments, clubs will always find a way of beating the salary cap. 

Forget the salary cap which is indeed completely unworkable, there are deep lying financial problems for almost every club in the PL. West Brom's figures are misleading due to the last financial year falling when they were in the Championship, paying far less transfer fees and wages. There are infact no clubs in the PL who are showing a TRUE operational profit, as when they report these annual figures they do not include "total debt servicing". If they did you would find that all 20 clubs are operating at an actual loss.

Almost completely true Barky, although you will find that Hull City are actually in profit, having no debt as the recently built KC Stadium was built by the council and at cost to only the council.

barkylsha58:

With financial problems looming over the Premier League, what steps can be or should be taken to avoid a potential disaster?

Let it burst and give the clubs back to the fans and the people who REALLY love the club let start over again ,...

Kick the russians,americans and arab out off it or let them start their own leaugue to play with..

So what if you start second or third league????!!!As long as you can manage to kep your stadium and your colors well

big middle..to the rest.....

You'll end up where you belong anyway...