Sunderland chairman Niall Quinn supports more stringent financial constraints within the Barclays Premier League and is an advocate for UEFA's Financial Fair Play initiative.
The Black Cats are poised to reveal their 2008-09 accounts, with Quinn expecting them to reveal a £26million loss for the last financial year, and he has called for Premier League clubs to agree upon spending at the start of every season, proportionate to income.
"There should be some sort of disclosure of where your wages are at, prior to the year ahead," Quinn said in The Guardian.
"A percentage of how much you have coming in and what you are spending on wages.
"At least then every club is telling the chairman of the Premier League: 'This is where we hope to be, this is our business plan,' so nobody has gone off the wall on their own.
"If it looks excessive, the Premier League chairman should have the power to say: 'we as a group are not happy, be careful, you are coming into a red area here'.
"Maybe let clubs do it one year, but if you do it for the third year in the row, you are docked points and you are out of here."
Copyright (c) PA Sport 2009, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms