Parry questions loan deals

08 July 2007 10:48
Liverpool chief executive Rick Parry has questioned the need for loan deals among clubs in the Premier League. Parry, a former chief executive at the Premier League, claims the present loan system is open to abuse and believes that clubs in the top-flight can afford to sign players on a permanent basis. However, the Anfield supremo has admitted that most of his counterparts do not share his views and the present situation is unlikely to be altered. "When I was at the Premier League we always took the view that, given the money in the Premier League, you didn't need loans - you should be able to stand on your own two feet," he said. "There is enough money around to make transfer deals permanent. "That stood over ten years. It's only in the last two or three years that we have had the loan system in the Premier League. "It worked fine without it. There is a sense that it can be open to abuse. "But clearly it was the will of the clubs to allow the relaxation of it and clearly the majority are in favour."

Source: ESA