Wigan chairman Whelan urges Premier League to get tough on debts

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 said: 'I sent a letter to the Premier League, saying, 'Can we have an agreement that we can only borrow 25 per cent of our individual club's turnover?' Times of trouble: Cash-strapped Portsmouth are on the brink due to debts'There should be a limit on borrowings - not as a set amount, but as a percentage of turnover. City banker Harris: We're ready to buy United from the GlazersAvram Grant hails Pompey heroes after cup win over SaintsWIGAN ATHLETIC FC

Source: Daily_Mail