PHIL Gartside has called for a two-tier salary-capped Premier League to help prevent relegated clubs going bust.
The Wanderers chairman is urging league chiefs to take action before English-owned clubs begin to bankrupt themselves trying to stay afloat in the billionaire?s playground.
In an exclusive interview with The Bolton News, Gartside suggests reducing the size of the current top flight to 18 clubs and inserting a ?second division? of 18 clubs, also to be encompassed under the Premier League banner.
The upshot, he claims, would be a more attractive product to television companies, and a smaller financial drop between the first two levels of the English game.
?I think you have got to look at the structure of the league and whether we have a Premier League One and a Premier League Two,? he said.
To read more of the Wanderers chairman's thoughts on the financial state of the game read Thursday's edition of The Bolton News.
Gartside calls for two-tier Premiership
6:00am Thursday 2nd October 2008
By Marc Iles ?
PHIL Gartside has called for a two-tier salary-capped Premier League to help prevent relegated clubs going bust.
The Wanderers chairman is urging league chiefs to take action before English-owned clubs begin to bankrupt themselves trying to stay afloat in the billionaire?s playground.
In an exclusive interview with The Bolton News, Gartside suggests reducing the size of the current top flight to 18 clubs and inserting a ?second division? of 18 clubs, also to be encompassed under the Premier League banner.
The upshot, he claims, would be a more attractive product to television companies, and a smaller financial drop between the first two levels of the English game.
?I think you have got to look at the structure of the league and whether we have a Premier League One and a Premier League Two,? he said.
To read more of the Wanderers chairman's thoughts on the financial state of the game read Thursday's edition of The Bolton News.
Edited by Horwich