The news coming out about the Premier League’s debt has been bad; no actually it’s been really, REALLY bad. England’s clubs could be more than £3 billion in debt, and from the looks of things, it doesn’t appear that it will get better anytime soon. UEFA president Michel Platini, on the other hand, believes that within this dark cloud could be a silver lining. For all the greed going on in football, Platini believes that the best way to make the biggest hit on the issue is to institute a salary cap for every team.
UEFA president Michel Platini believes a salary cap needs to be introduced into football for the good of the game.
The topic of football finances has been debated in recent days with Football Association chairman Lord Triesman claiming English clubs currently owe an estimated £3billion in debt and that a salary cap could help the problem.
Platini has added his voice to the debate and believes a salary cap is a necessity to safeguard the game.
However, the Frenchman insists a maximum level on wages will not happen for some time.
“We have to speak about the number of contracts in the clubs, we can speak about salary but I am not an expert, I am an expert of football of the game,” Platini told Sky Sports News.
“The rest we have to learn. We have to go slowly and to look at what we can do, but it is necessary for the good of football.” (ESPNSoccernet)
Platini has had some crazy ideas over the years, but this one actually makes a lot of sense. Like most major American sports franchises, a salary cap is the best way to keep teams honest during the season. It forces a club to really understand their finances, while keeping the lust for money out of the game. Going over the cap institutes a massive penalty that would surely scare even the biggest club from crossing the system. Plus, it would force players to understand that the money isn’t limitless.
If anything, a cap would allow the playing field to even to the point where you might finally see mid-level clubs getting a shot at the title. And for most of us, the chance to see a new champion crowned could be enough to finally bring some of the fans back.
What do you think? Would you be in favour of a salary cap in football?