Fayed joins the Premiership's money machine

The Premier League chairmen held their first meeting since the resignation of Adam Crozier yesterday, but there was little sign of remorse at London's Landmark Hotel. Publicly, the league issued another statement claiming they had no designs on the Football Association's funding of the grass roots but, privately, the verdict on Crozier's exit was illustrated by the chairman who described it as "a good start".

The meeting was held in camera but The Independent has learned that Mohamed al-Fayed, the chairman of Fulham, delivered a 2,500-word submission which encapsulated the "every man for himself" mood induced by the twin demons of rising wages and falling television fees.

He told his fellow chairmen: "We must put our own interests and those of our clubs first. There are many who try to dictate to us how we should behave, who seem to think profit and financial success is a dirty concept, and that we should be guided by some higher cause. Rubbish! The best contribution we can make to the good of football is ensuring a highly successful Premier League, and highly successful clubs within it. It is that which will attract people to the sport, an increasing worldwide audience and greater investment into the game."

This appears a significant departure from last April when Fayed told The Independent that he was a spokesman for the small clubs. The FA, he said then, "are kidnapped by the strong clubs. They have all the money and don't care about the other clubs. They need a revolution to help the clubs which are suffering." The FA have since had a revolution but it is not one likely to help the smaller clubs.

It would seem Fulham's continued haemorrhaging of cash has persuaded Fayed that charity begins at home. In the 12 months to June 2001 Fulham posted losses of £22.3m, a British football club record, which would concentrate anyone's mind.

However, unlike some of his peers he does have sympathy for the smaller clubs – last year he donated all Fulham's share of the take from their FA Cup tie at York to the Third Division club's supporters' fighting fund. Speaking later at a book launch* Fayed said that he still cared about the smaller clubs. "The game needs revolution," he said. "Otherwise clubs will go into receivership one after another. Still people can't see the light, see what is happening to the lower three divisions. We should support those clubs."

His solution appears based not on hand-outs but Thatcherite top-down economics. To an extent this is true, lower division income has gone up, but the increased expenses have also filtered down. Fayed's submission did contain some shrewd suggestions. He threw his weight behind the Premier League establishing the framework of their own television channel to provide competition for Sky when the next television deal is negotiated. He also highlighted the need to develop and exploit overseas interest both through branded goods and television sales. Last time the overseas rights went for just £150m – small reward for programming which reaches 72.7m viewers in 161 territories. Closer to home, he suggested that the league should collectively agree to pay agents "a maximum of five per cent of transfer fees across the board".

The old chestnut about national assocations paying for using players was given another airing together with the imaginative suggestion that, should a player be injured on international duty, the transfer window should be opened on a case-by-case basis to sign or loan a replacement.

*Fulham: The Premiership Diary (Orion £16.99) by Harry Harris & Danny Fullbrook.

Suggested Topics
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Extras
indybest
Travel
Flocking round: Beyoncé, Madame Tussauds' latest waxwork, looking fierce in the park
travelIn a digital age when we have more access than ever to the stars, why are waxworks still pulling in crowds?
Arts and Entertainment
tv
Arts and Entertainment
Judi Dench appeared at the Hay Festival to perform excerpts from Shakespearean plays
tvJudi Dench and Hugh Bonneville join Benedict Cumberbatch in BBC Shakespeare adaptations
Sport
Is this how Mario Balotelli will cruise into Liverpool?
football
News
Ronahi Serhat, a PKK fighter, in the Qandil Mountains in Iraqi Kurdistan
i100
Arts and Entertainment
Poet’s corner: Philip Larkin at the venetian window of his home in 1958
booksOr caring, playful man who lived for others? A new book has the answer
Arts and Entertainment
Exhibition at the Centre Pompidou in Metz - 23 May 2012
art
News
Matthew McConaughey and his son Levi at the game between the Boston Red Sox and the Houston Astros at Fenway Park on August 17, 2014 in Boston, Massachusetts.
advertisingOscar-winner’s Lincoln deal is latest in a lucrative ad production line
Arts and Entertainment
Alfred Molina, left, and John Lithgow in a scene from 'Love Is Strange'
film
News
i100
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Air strikes? Talk of God? Obama is following the jihadists’ script

Air strikes? Talk of God? Obama is following the jihadists’ script

The President came the nearest he has come yet to rivalling George W Bush’s gormless reaction to 9/11 , says Robert Fisk
Ebola outbreak: Billy Graham’s son declares righteous war on the virus

Billy Graham’s son declares righteous war on Ebola

A Christian charity’s efforts to save missionaries trapped in Africa by the crisis have been justifiably praised. But doubts remain about its evangelical motives
Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC

Not even Jeremy Clarkson is bigger than the BBC, says TV boss

Corporation’s head of television confirms ‘Top Gear’ host was warned about racist language
Nick Clegg the movie: Channel 4 to air Coalition drama showing Lib Dem leader's rise

Nick Clegg the movie

Channel 4 to air Coalition drama showing Lib Dem leader's rise
Philip Larkin: Misogynist, racist, miserable? Or caring, playful man who lived for others?

Philip Larkin: What will survive of him?

Larkin's reputation has taken a knocking. But a new book by James Booth argues that the poet was affectionate, witty, entertaining and kind, as hitherto unseen letters, sketches and 'selfies' reveal
Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?

Waxing lyrical

Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?
Texas forensic astronomer finally pinpoints the exact birth of impressionism

Revealed (to the minute)

The precise time when impressionism was born
10 best men's skincare products

Face it: 10 best men's skincare products

Oscar Quine cleanses, tones and moisturises to find skin-savers blokes will be proud to display on the bathroom shelf
Middle East crisis: We know all too much about the cruelty of Isis – but all too little about who they are

We know all too much about the cruelty of Isis – but all too little about who they are

Now Obama has seen the next US reporter to be threatened with beheading, will he blink, asks Robert Fisk
Neanderthals lived alongside humans for centuries, latest study shows

Final resting place of our Neanderthal neighbours revealed

Bones dated to 40,000 years ago show species may have died out in Belgium species co-existed
Scottish independence: The new Scots who hold fate of the UK in their hands

The new Scots who hold fate of the UK in their hands

Scotland’s immigrants are as passionate about the future of their adopted nation as anyone else
Britain's ugliest buildings: Which monstrosities should be nominated for the Dead Prize?

Blight club: Britain's ugliest buildings

Following the architect Cameron Sinclair's introduction of the Dead Prize, an award for ugly buildings, John Rentoul reflects on some of the biggest blots on the UK landscape
eBay's enduring appeal: Online auction site is still the UK's most popular e-commerce retailer

eBay's enduring appeal

The online auction site is still the UK's most popular e-commerce site
Culture Minister Ed Vaizey: ‘lack of ethnic minority and black faces on TV is weird’

'Lack of ethnic minority and black faces on TV is weird'

Culture Minister Ed Vaizey calls for immediate action to address the problem
Artist Olafur Eliasson's latest large-scale works are inspired by the paintings of JMW Turner

Magic circles: Artist Olafur Eliasson

Eliasson's works will go alongside a new exhibition of JMW Turner at Tate Britain. He tells Jay Merrick why the paintings of his hero are ripe for reinvention