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.

Quinn believes the Premier League should be granted the power to impose sanctions, including points deductions and even expulsion, on profligate spending by clubs in comments which come amid continued uncertainty over the future of bottom club Portsmouth, who are in administration.

"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."