Premier League clubs split on 'fair play' rules
LONDON (AFP) - Plans to introduce domestic financial fair play rules into the Premier League remained on the drawing board after a meeting of England's 20 top-flight clubs ended without agreement on Thursday.
Although many teams are keen on introducing some sort of financial control in a bid to help stave off the kind of crisis that engulfed Portsmouth, the 2008 FA Cup winners, who now play in the third tier League One, they remain split on how best to implement such a system.
Now league officials will try to draw up detailed proposals ahead of a meeting in February.
The Premier League's discussions follow on from the creation of financial fair play rules by European governing body Uefa for clubs taking part in continental competition.