Premier League looking at club wage caps to aid competition

The Premier League is looking at a cap on a club's wage bill in order to keep the top flight competitive.

The Premier League is looking at a cap on a club's wage bill in order to keep the top flight competitive, Crystal Palace chairman Steve Parish has said.

The league is looking at a variety of ways to maintain competitive balance, including anchoring - capping the richest club's wage bills as a multiple of the television money earned by its bottom club.