Luton Town CEO: Championship financial "mad house" unaffordable

18 December 2019

Luton Town
Photo: Getty Images Chief Executive Gary Sweet says Luton Town cannot compete financially and wants a salary cap enforced across the division.

Gary Sweet thinks it is nonsensical to enforce a rule that effectively tells clubs that if they lose £13 million every year, they've done well.

"I'm grounded in a business school that says you've got to make a profit," said the CEO.

Mads Meisner Christensen mm@offthepitch.com

Chief Executive Gary Sweet says Luton Town cannot compete financially in the Championship "mad house" and wants a salary cap enforced across the division.

"We've got a situation where the rules say you're allowed to lose £39 million over three years," Sweet told BBC Look East.

He thinks it is nonsensical to enforce a rule that effectively tells clubs that if they lose only £13 million every year, they've done well. 

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