Flush Saints still criticise Financial Fair Play

DESPITE posting a profit, Southampton’s executive chairman Nicola Cortese has criticised the Premier League’s decision to impose wage and spending controls on clubs.
Saints reported a £0.9m profit for the last six months of 2012, which alongside a wage bill that is 59 per cent of turnover would see Southampton comfortably comply with the new financial regulations
But Italian banker Cortese insists owners should be allowed to run their clubs as they wish: “We believe very strongly that each club should continue to be permitted to run their business – including their pay rolls – as they see fit.
“This is fundamental to the future integrity of football.”

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