Professional football´s youngest chairman has called on the Football League to scrap their introduction of a salary cap.

The Football League have introduced rules for League Two sides where they are only allowed to spend a maximum of 60% of their revenue on wages, and are trialling the same system in League One. But Darragh Macanthony, the 30-year-old multi-millionaire who has taken over Peterborough, claims the rules hinder ambitious clubs trying to get to the top of the game.

He told PA Sport: "I don´t think there should be any kind of a salary cap in football - or in anything for that matter. I´m a capitalist by nature and I don´t like glass ceilings in anything. Would anyone like their boss saying to them ´that´s your salary and there´s no chance of you earning any more´?."

© Copyright Press Association Ltd 2006, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: