"Chairman Sir John Madejski insists Football League must introduce salary cap"
Big match today and here comes the Madejski way
By Duncan White 10:30PM GMT 12 Mar 2011
With Reading away to Manchester City today in an FA Cup quarter-final, Madejski fears the enormous wages being paid in the Premier League are putting other clubs’ future in jeopardy by driving up salaries further down the league structure.
Madejski said that football was “imploding” but hopes that, by taking action, clubs in the lower tiers can save themselves. “I have been here 20 years and all I have seen is the inextricable rise in players’ wages,” he said. “I always thought the bubble would burst and common sense would prevail. It may just happen now.”
The Football League clubs will meet in Cyprus in June for their AGM, at which Madejski will lead calls for the clubs to limit spending to a percentage of their income.
“Anything that reduces wages is to be applauded,” he said. “On a league level the owners are realising, out of necessity, that something has to be achieved. If we don’t, we know what will happen. We have seen the warning signs. A lot of clubs are on the brink, a lot will disappear.
“It is vital that we tackle this problem and we are on the cusp of sorting it out. Football has to live within the confines of what it has. It cannot keep living beyond its means.”
Coming from a bloke who disappears out the country tax dodging thats rich !
Which ever way you look at it, he never wants us to be a Bolton, Fulham, Wigan or any other 24000 gate long standing Prem club because…………… he hates the game because wages.
Wage cap Madejski, yea good luck on that one 5 years on you’ve got no further on that issue other than our club is still in the Championship.
Where did all that Siggy money go John, on your wages ?
Mad man is now Jimmy Hill
