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
Phil Neville and his fellow Match of the Day pundits given warning by the BBC after 'smash them' comment
Manchester United transfer news and rumours: David De Gea could leave for FREE; £38m for Marquinhos; £37m bid for Mats Hummels;
Transfer news LIVE: Manchester United to make £37m Mats Hummels bid; Inter plan Yaya Toure move; Shola Ameobi joins Crystal Palace
Gabriel Paulista: Talented Brazilian could grow into world-class defender at Arsenal
Liverpool transfer news and rumours: Mario Balotelli's agent speaks as Brendan Rodgers swoops for German duo
- 3 Russian girl takes her own life after parents find pornography on her computer
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia