Premier League Chief Executive Richard Scudamore answered questions in front of a Select Committee at the House of Commons yesterday to discuss the implementation of player salary caps, according to The Guardian.
The proposal would ultimately force Premier League clubs to reduce their percentage income on player wages and subsequently increase their chances of running a more profitable organisation. It would be a form of the UEFA financial fair play regulations which states that clubs have to demonstrate that they are not working towards a loss. The proposal suggested by the Premier League com...

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