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Volume 6 No. 264
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UEFA President Aleksander Čeferin To Discuss Measures Including Potential 'Luxury Tax'

UEFA President Aleksander Čeferin "revealed talks will begin on plans to curb financial excesses in football," which could lead to "a form of salary cap being introduced across the European game and strict limits placed on agents’ fees," according to Ben Rumsby of the London TELEGRAPH. Čeferin said that "a ­series of meetings with key stakeholders would seek to introduce rules" to stop the world’s richest clubs from "signing all the best players." With Alexis Sánchez having ­"become the highest-paid footballer ever in England" on more than £600,000 ($839,000) a week at ManU, Čeferin confirmed the new measures to be discussed include a "luxury tax," with which clubs "would be fined for exceeding a specified wage bill." Also on the agenda "will be curbs on the number of players a team could own or sign on loan," a move that would prevent the likes of Chelsea from "hoarding young talent." Europe’s political leaders blocked former UEFA President Michel Platini from introducing "a more traditional salary cap almost a decade ago," but Čeferin was "confident a luxury tax could be implemented without their approval." He said, "I'm fed up of politicians saying, ‘Do something for competitive balance,' and then, when you speak to Brussels, they say, ‘Ah, but everything is forbidden by the EU law.' We have some sporting measures that we can establish without politicians" (TELEGRAPH, 1/22).