Chelsea to get behind wage cap and financial fair play

Chelsea will back a wage increase cap and will look to negotiate the mooted financial fair play rule at a meeting on Thursday.

Chairmen from all 20 Premier League clubs will meet this week to vote on the new financial fair play rule which will force clubs to breakeven but a compromise is set to be put in place allowing owners to cover some losses of up to £105million over three years.

The player wage increase of a maximum of 10% will only affect clubs who have a wage bill of more than £52million so promoted clubs still get a chance to add to their squad.

It was believed that Chelsea would oppose this new system but reports suggest they will vote yes with a minimum of the 14 clubs required for the proposal to pass. It has been said that Manchester City, Aston Villa, Fulham and West Bromwich Albion will oppose the idea.

 

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