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.
Diving in at the deep end is no excuse for shirking the style stakes
Latest in Sport
Germany vs Argentina World Cup 2014 preview: Why Brazilians don't love their neighbours Argentina any more
World Cup 2014: 20 things we learned in Brazil
Germany vs Argentina World Cup final 2014: Five reasons why Argentina will win the World Cup
Thomas Vermaelen to Manchester United: Arsenal manager Arsene Wenger thwarting Louis van Gaal over transfer
Germany vs Argentina World Cup 2014 final preview: German team ethic tests Lionel Messi's ability to meet the challenge
- 1 World Cup 2014: 20 things we learned in Brazil
- 2 Why I'm on the brink of burning my Israeli passport
- 3 War is war: Why I stand with Israel
- 4 L'Oreal cuts ties with Belgium supporter Axelle Despiegelaere after hunting trip photographs
- 5 World Cup 2014: Robin van Persie gives his bronze medal to eccentric Netherlands fan moments after being handed it by Sepp Blatter
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Australia facing international condemnation after turning around Sri Lankans at sea
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’