FIFA president Sepp Blatter says Portsmouth’s slide into administration indicates that “something is wrong” with the Premier League.
Pompey became the first Premier League club to enter administration at the end of February and incurred a nine-point deduction.
“I think something is wrong here with the Premier League,” Blatter told CNN. “To let a club go into administration, this is not good. They have two clubs in the Premier League who are not in debt. Why? Because they have two sponsors and they have taken away the debt. These clubs are Chelsea and Manchester City.
“And all the others, even the big Manchester (United) – the big Manchester I think they are just able to pay the interest of their debt but there are clubs that are not even able to pay the interest of their debt. This is not correct. This is not good.
“And these clubs, why are they in debt? Because they pay too high salaries to their players, they spend more money than they have. In any family in the world, you cannot do that. In any company, you cannot do that. And why in football it is possible because they do not have different laws.”
Blatter believes FIFA is unable to deal with the the issue, even if he feels that proposed plans by UEFA to keep spending in line with income will help to reduce wage bills.
“This is not a question where FIFA can intervene because it is economy, it is the responsibility of the national association members in FIFA to make sure their clubs are in good order,” Blatter said. “In France it is a governmental decree that they have there. In Germany 51% ownership of the club must be German. In Spain, most of the clubs belong to the fans.
“I think salary caps will not be accepted by any economic system especially not in the European Union where it is a basic economy or it was the economy at a certain time. But salary caps will automatically come in if you can agree to this principle that you cannot spend more money than your income. This would balance it definitely.
“You have these clubs that do not have 15 or 16 players they have 25 or even 30 players. They want to have two teams practically if there are some injuries or suspensions then they have the same quality of players and they pay them a lot of money and if they do not have the money they are in debt.”