UEFA to introduce salary cap for clubs

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The Union of European Football Associations wants to reduce the difference between football giants and small clubs.

UEFA is constantly looking for a viable way to reduce the gap between small and big clubs. The next step is the introduction of salary caps. The President of the Union of European Football Associations, Aleksander Čeferin, said this.

According to him, all European clubs, both small and larger, agree to such a change, but there is still a lot of work ahead.

The functionary said that initially, UEFA would set a salary cap of 70% of the club’s income from 2024, but this change is considered insufficient. Therefore, additional rules will be drawn in the future.

“We have to think seriously about the salary cap for the future. If the budgets are increasing, balancing the competition will be a new problem. It’s not about the owners, but the value of any competition, because if five clubs are always wins, then everything is meaningless.

Now we have come to a new rule that will come into force after 2024. According to it, it is possible to spend up to 70% of income on salaries and payments for transfers. But this is an inadequate measure, because 70% of the income, which is five billion, is a disproportionate amount,” Ceferin was quoted by the BBC as saying.

It will be remembered that Aleksander Čeferin was re-elected UEFA President for a new term.

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Source: korrespondent

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