Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The Barclays Premier League has been urged to implement stricter financial regulations by Wigan chairman Dave Whelan.
Whelan has written to Premier League chief executive Richard Scudamore suggesting a limit on borrowings as Portsmouth's perilous financial position leaves many clubs fearful for the future.
Whelan told The Times: "I sent a letter to the Premier League, saying, 'Can we have an agreement that we can only borrow 25% of our individual club's turnover?'
"There should be a limit on borrowings - not as a set amount, but as a percentage of turnover.
"They have to do something about it."
Portsmouth were granted a stay of execution at the High Court last week over an unpaid tax bill, but administration remains a real danger.
"What has gone on at Portsmouth is a crying shame for football and for their loyal band of supporters," added Whelan.
"It just comes down to desperation to stay in the Premier League.
"Some of the salaries I've read about - whether the figures are accurate or not - make you cringe.
"It's not easy for clubs, but the ones that take the risks sometimes come a cropper."
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments