Premier League clubs have been given a plan to “seize back control” from players and agents.
Top-flight teams have suffered a massive reduction of income due to coronavirus suspending football for the foreseeable future.
While a feud has developed with players unwilling to take pay cuts such as Arsenal’s squad.
But Simon Jordan, who owned Crystal Palace for 10 years, has given clubs a plan on how to get control back
Writing in his Sun column, the former owner said: “The Premier League has its greatest opportunity since the 1992 Sky ‘revolution’ to rid a plague on its own house.
Premier League clubs have been told how they can ‘seize back control’ from players and agents
“And that is the disproportionate power and financial influence of players, agents and the union over the game.
“The industry needs to clean up its act. Here’s my five-point proposal.
“Salary caps across leagues linked to a percentage of turnover — eg 50 per cent. This would reduce Premier League and Championship wage bills by £625million per year.
“The transfer market also has to change, so clubs get their other major outlay under control. A net allowance of 20 per cent of the previous year’s turnover on transfer spend.
Simon Jordan, former owner of Crystal Palace, called out the clubs on ‘needing to clean up their act’
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“The transfer window to be abolished. It has created a bad business market — specifically ratcheted-up January prices. The market should instead be open all year for clubs to trade at times when their cash flow needs it.
“Agents should only be able to act for one party — clubs or players. They should be reduced to five per cent commission and levies of between three to five per cent placed on that commission. That would put another £15m back into the football pyramid.
“The PFA should be stripped of its £27m-a-year…