Former Tottenham boss David Pleat is shocked by Chelsea's planned contract offer for Ruben Loftus-Cheek.Chelsea are to offer 17-year-old Loftus-Cheek a contract worth £1.7million before he has played a first-team game.

A row between Joseph Donkor, his original agent, the player's family and the Stellar Group has been taken to the FA for ­arbitration.

Pleat told the Mirror: "The whole thing is crazy. The ­scramble for the best schoolboys, fuelled by agents, leads to wholly inflated earning figures.

"It gives the youngsters a false sense of ­perspective - both about football and about life.

"It is madness. I remember when there used to be a cap on what you earned until you played your first professional game.

"Nowadays a kid won't sign on as an apprentice for a club until he is ­guaranteed 'x' amount of money.

"There should be a limit on what clubs ­offer."

 Is Pleat right? Does youth contracts need a cap? Give us your shout below...