MX23RW : Thursday, November 14 03:33:23| >> :120:26921:26921:

Wolves owner Steve Morgan proposes wage cap

Wolves owner proposes wage cap
© PA Photos
Wolves chairman Steve Morgan believes that a wage cap should be introduced to prevent teams from falling into financial difficulties.

Wolverhampton Wanderers owner Steve Morgan has said that a wage cap should be introduced to football to avoid teams from falling into financial difficulties.

While several Premier League clubs enjoy the resources of billionaire owners, Wolves are among only a handful of those running a profitable business. Morgan insists that 50% cap on wages would help to keep clubs out of trouble.

"If there was a wage cap of 50% of turnover, it would be good for other people who were perhaps finding it more difficult to stick to the limits," Morgan told the Express and Star.

"Wages are the biggest single cost to football and there are clubs in the Premier League even aside from Manchester City, such as mid-ranking or lower mid-ranking clubs that run into 60, 70 and 80% of their turnover. That isn't sustainable.

"What are these clubs thinking of? If clubs want to avoid getting into serious financial trouble they must get wages under control."

The Molineux chairman, whose team posted a £9m profit a year ago, has urged teams to follow suit.

ID:5219: cacheID:5219:1false2false3false:QQ:: from db desktop :LenBod:restore:1855:
Restore Data
Share this article now:
Read more about Steve Morgan Football
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool119112161528
2Manchester CityMan City117222213923
3Chelsea115422113819
4Arsenal115421812619
5Nottingham ForestNott'm Forest115421510519
6Brighton & Hove AlbionBrighton115421915419
7Fulham115331613318
8Newcastle UnitedNewcastle115331311218
9Aston Villa115331717018
10Tottenham HotspurSpurs1151523131016
11Brentford115152222016
12Bournemouth114341515015
13Manchester UnitedMan Utd114341212015
14West Ham UnitedWest Ham113351319-612
15Leicester CityLeicester112451421-710
16Everton112451017-710
17Ipswich TownIpswich111551222-108
18Crystal Palace11146815-77
19Wolverhampton WanderersWolves111371627-116
20Southampton11119721-144


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!