Search

Big Sam hopes Hammers ‘don’t lose best players’ over league’s new spending controls

14:50 08 February 2013

West Ham manager Sam Allardyce. Photo: PA

West Ham manager Sam Allardyce. Photo: PA

West Ham manager Sam Allardyce hopes the Premier League’s new financial regulations would not lead to the club losing their top players.

Club chiefs yesterday voted in favour of a measure which means top flight outfits will not be permitted to rack up losses of more than £105million over three years.

It also ensures clubs whose total wage bill is more than £52million will only be allowed to increase their wages by £4million per season for the next three years, though that cap does not cover extra money coming in from increases in commercial or matchday income.

Clubs will also face limits on the amount by which they can increase their total player wage bills - and breaching either measure could lead to points deductions.

Allardyce said: “Like everything else, it will probably start and we will have some flaws and if they get adjusted and amended as we go along that is fine.

“We will all have to try and live with what the new regulations will be when they are put in place. My only fear, from a personal point of view, is I hope we don’t lose our best players.”

Related articles

0 comments

Latest Newham Sports News

15:30
Robert Mear of Lakeside Hammers (pic: Rob Newell/TGSPHOTO)

Purfleet club head to Coventry for crucial Elite League clash

Edward Kennett
13:02
Action from Clapton's FA Cup preliminary round clash with Sporting Bengal United (pic: Tim Edwards)

Tons assistant steps up to take temporary charge

Michael Walther
11:00
South Woodford under-13s celebrate their Peter Coe Cup success

South Woodford’s Harry Neicho is writing a blog during the 2016

BMW
09:00
East London Hockey Club are hosting a special drop-in event as past of the 'I Am Team GB' campaign on Saturday

Local outfit joins “I Am Team GB” campaign

Newsletter Sign Up

Most read sport

HOT JOBS

Show Job Lists

Competitions

You could win £15,000 to spend on either their mortgage or a deposit towards the home of their dreams

Wouldn’t it be lovely to have a period of time when you simply don’t have to worry about finding the money each month to pay your mortgage? When you don’t have to put money aside from your monthly income, or worry about having to afford other essential outgoings?

Read more
Which book character do you share cleaning habits with?

Whether you have more in common with put-upon Cinderella, emotionally turbulent Jane Eyre, or easily distracted Mole, you’re sure to appreciate that one lucky winner will receive four sessions of free cleaning. Enter our quiz for your chance to win. All runners up will get £10 off their first clean when making a repeat booking.

Read more

Digital Edition

cover

Enjoy the
Newham Recorder
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now