ANALYST VIEWS: SHOULD THE PREMIER LEAGUE SET A NEW BORROWING CAP TO STOP CLUBS RACKING UP MASSIVE DEBTS?
DAVE WHELAN |
CHAIRMAN, WIGAN ATHLETIC
The Premier League is in trouble – we can’t have a situation where a massive club like Portsmouth is going out of business. Something drastic needs to be done and I think capping the amount of borrowing at clubs is the answer. I’m going to be pushing for this.
DAVID BICK |
SQUARE1 CONSULTING
I don’t buy into the idea of capping the debt to turnover ratio. The size of the debt doesn’t really matter – it’s the ability to service the debt that matters. I can see the argument for capping the wage to turnover level but I’m dubious even this would really work. What we need is a bit of discipline.
DAN JONES | HEAD OF SPORTS BUSINESS, DELOITTE
The devil will be in the detail. There are an awful lot of things that would need to be ironed out. You’d have to pin down exactly what constitutes debt and what counts as turnover. It’s certainly not a straightforward plan.