Aleksander Cerefin says he wants to sanction the settlement - which will affect Manchester United and Manchester City - "as soon as possible"
The rules will affect Manchester United and Manchester City stars
The rules will affect Manchester United and Manchester City stars
UEFA president Aleksander Cerefin has revealed he wants to implement a wage cap in European football "as soon as possible".
The Slovenian said he is concerned that a handful of clubs are enjoying exclusive success, winning all the titles year after year without competition. UEFA is set to introduce new rules from 2024 that a club cannot spend more than 70% of its income on transfers and salaries.
Manchester United and Manchester City are considered two of the highest-paid clubs in Europe, with the wealth of the Premier League overshadowing all other leagues across the continent.
Cerefin is concerned that UEFA's forthcoming financial regulations alone will not be enough to end the dominance of a privileged few at the top of Europe's table, and much more will have to be done to avoid inability. compete. He said it was a common concern for all clubs and claimed 'everyone agrees' that a salary cap would be a good move, as long as it is enforced across all leagues Europe. Speaking to American outlet Men In Blazers, Cerefin said:
“In the future, we will have to think seriously about the salary cap.
“If budgets skyrocket, our competitive balance is an issue. The problem is not about the owners, but about the value of the league, because if five clubs always win, it no longer makes sense.
"I've talked to some people from the European Commission, we're trying to push this forward. But it has to be a collective agreement – ??league by league and UEFA. Because if we do it and the other leagues don't, it makes no sense.
Football has seen a strong reaction to the 2021 Super League breakaway attempt which threatens to weaken the pyramid of European football by securing the participation of 12 elite clubs.
A22 Sports Management is trying to defend the revised version of the proposal, which was rejected by many spectators and analysts. And while the consensus seems to be against the Super League, Cerefin says all clubs are in favor of maximum wages.
The 59-year-old added:
“Surprisingly, everyone agrees – big clubs, small clubs, state-owned clubs, billionaires-owned clubs, everyone agrees. I hope it can be done as soon as possible. We just started discussing it, I think that's the solution.
“We currently have a new rule after 2024 that you can spend up to 70% of your income on salary and transfers, but that is not enough because if your income is five billion dong, then 70 % is a lot.
"So that's the future here, and I'm not afraid of the club owners being too powerful or anything. UEFA runs the European competition and we now have a great relationship with the Association. European clubs.
Both Man United and Man City are struggling financially. The Red Devils are currently undergoing a takeover process while the Blues have been charged by the Premier League with more than 100 allegations of financial irregularities.
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