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West Ham United to unofficially cap players' salaries

:Headline: West Ham United to unofficially cap players' salaries: ID:33019: from db_amp
West Ham United co-owner David Sullivan says that the club, along with a number of fellow Premier League outfits, will cap their players' wages.

West Ham United co-owner David Sullivan has revealed that the London club, along with a host of Premier League outfits, are planning to cap their players' salaries next season.

The move is to be put forward in order to prevent agents from taking a substantial commission as well as to stop players from taking part of their wages from shirt sponsorships and overseas television rights.

"I cannot see any collective decisions, but there are quite a few clubs, for example, Norwich, Swansea, West Bromwich Albion, who seem to be taking a more sensible approach to things and West Ham will be in that camp," Sullivan told ESPN.

"We'll pay good wages, but not be taken to the cleaners by agents and players at the expense of our supporters. The increase in TV money next year will allow us to continue to freeze ticket and season ticket prices.

"Overpaying virtually bankrupted this club and we are still burdened by £100m of debt as a result of the excesses of the previous owners in giving too much to players. Many clubs are saddled with too much debt, for example Everton, and the restrictions imposed by their bankers will ensure there is a tighter control over wages going forward."

It is understood that some players within the highest-paying clubs in the top flight are earning up to £250,000 a week.

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