Quote:
Originally Posted by Senator Clay Davis
Salary caps of any kind will probably never happen. They happened in North American sports because of owner initiated labour stoppages. At this stage there doesn't appear to be an appetite from club owners to do that. And we know the players will never push for capping their own salaries, they'll need to be forced into it. If there's any room for maneuvering it might be on instituting transfer caps. When money is the only consideration the big clubs will never care, but if they were forced to give up top talent as well then that would change things. When Man City got Grealish is was £100 million, but what if it was £50 million + Foden? Probably doesn't happen.
Now a luxury tax, that I could maybe see. But even that won't make much of a difference to a Man City or Newcastle when there isn't a true limit to how much they can afford. Maybe everyone buying EVs is the solution, crash that price of oil lol.
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They've been debating it for about a year now, it was tabled this summer at the AGM. That's not to say it will happen but I could see some form of financial regulation happening soon. The elite group isn't big enough to block it if the other 12-14 teams push hard or the new regulator pushes it forward from a legislative perspective. I also strongly dislike the idea of a hard cap, but something more creative that doesn't strangle competitive advantage would be good. Luxury tax makes some sense too
https://www.thetimes.co.uk/article/p...tive-zq8bd0lbh