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New home-grown and finance rules

New home-grown and finance rules

Rug at Vital Portsmouth has put together an article on the new Premier League rules which have just been passed.

From the start of next season premier league clubs will have to play by new rules...

Each club will be required to have 8 'home-grown' players in their squad of 25, and this can be no more than 25 unless those extras also in the squad are under 21. Alterations can be made to the squad named, but only at the end of the summer and winter transfer windows, but these alterations must see this squad stay within the limits of no more than 17 players, out of the 25, over the age of 21 and not home-grown.

A player is defined as 'home-grown' if they have trained within the professional system in England or Wales for 3-years and are under the age of 21.

Chief executive Richard Scudamore, quoted on sky sports, believes this will make buying home-grown talent 'more attractive' with it acting as another incentive to 'invest in youth' that will ultimately 'benefit' the national side: 'it's not in the club's interests to stockpile players. It will make buying home-grown talent more attractive.

'We're not going down the route of a nationality test but what this will mean is that you just can't buy a team from abroad.

'We think it will give clubs an extra incentive to invest in youth. We think that one of the benefits will be that it will help the England team.'

Also to be changed, and these changes come in immediately; will be the way clubs are run financially.

Clubs must follow guidelines set out that sees accounts submitted annually, which the premier league board will then look at to ensure that each club can: 'fulfil its fixtures, pay off its creditors when they are due and also to meet obligations to the Premier League's contracts and partners?'

If these criteria are in danger or are not being met transfer embargos can be handed out along with the club agreeing a budget to work on - all is being done to ensure that each club is financially viable to sustain its existence essentially, he added: 'it's absolutely crucial that these clubs are run as ongoing viable concerns. These financial rules apply immediately.

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Writer:Akela
Date:Thursday September 17 2009
Time: 11:00AM

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