Salary cap inevitable says Mawhinney
Monday 15 March 2010
Lord Mawhinney, the outgoing chairman of the Football League, believes a salary cap is inevitable among the league's member clubs.
Mawhinney insists the current football financial model is not sustainable and has campaigned for the introduction of a salary cap in an attempt to halt the game's spiralling debt.
He told the BBC's Late Kick Off programme: "The business model of professional football in this country doesn't work, it's broke and you see that reflected in the administrations and all the rest of it.
"I have some clubs in the Football League who are paying up to 85% of their income in wages.
"I don't care how great you are, you may be the best business entrepreneur the country has ever come up with, but you cannot run a sustainable business with that sort of model.
"I think I have given the issues a reasonable profile and I think even those who don't approve of me would probably concede that.
"Our Championship clubs in particular are not yet ready to commit, but it'll happen because what is going on presently is not sustainable in the medium term."
Earlier this week the Football League appointed Greg Clarke, the former chief executive of Cable and Wireless Communications, to succeed Mawhinney.
Latest in Sport
Manchester United can learn lessons from the transfer template of rivals Manchester City
Pavement The Forum, London
Manchester City, Manchester United and Chelsea top the list of the Premier League's most expensive squads
Bayern Munich 'training camp' to supply refugees with food, footballs and German lessons
David De Gea, Peter Odemwingie and the 18 weirdest transfer deadline day stories
- 3 Make your voice heard: Sign The Independent's petition to welcome refugees
- 4 Refugee crisis: Aylan's life was full of fear - in death, he is part of 'humanity washed ashore'
- 5 German police forced to ask public to stop bringing donations for refugees arriving by train
Senior British politicians tell David Cameron: When dead children are being washed up on beaches – it's time to act
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
If these extraordinarily powerful images of a dead Syrian child washed up on a beach don't change Europe's attitude to refugees, what will?
If you're not already angry about the refugee crisis, here's a history lesson to remind you why you really should be
Britain to take more refugees as Cameron bows to pressure after more than 100,000 back our campaign
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up