August 12, 2021 – 20:32
The idea is to implement a salary cap. Anyone who does not comply will be punished
After the implementation of the Financial Fair Play system that has caused a lot of controversy and has not achieved the desired and expected result in many cases, UEFA will prepare new measures to reduce the differences between rich and other clubs. It is the ultimate entry into the salary cap system landscape, similar to what we see in the major North American leagues, such as the NFL and the National Basketball Association (NBA). The proposal, presented by The Times, will be voted on at the organization’s next conference, which takes place in September, and may come into force in 2022/23.
According to advance information, UEFA’s idea is to limit clubs to investing a maximum of 70% of their annual income in salaries. Those who pass this salary cap will be penalized with a so-called luxury tax, which will be paid to UEFA, which in turn will distribute it to other European clubs. The idea would be to use this new salary cap to replace the current fair play financial model, which forces clubs to balance their accounts over the past three seasons, but the matter has been highly contentious, especially after the million-dollar investments by teams like Manchester United. City or, more recently, Paris SG.
According to the record
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