Fifa Luxuary tax

[The Somalian]

In a bid to curtail the vast sums of money that the wealthiest football clubs in the world spend on player transfers and salaries, and by extension create a more level playing field in the sport, Uefa are considering plans to implement a luxury tax on big-money transfers and player salaries, the proceeds of which would be redistributed to less wealthy clubs. Europe's governing body are hoping for greater financial transparency having become increasingly concerned in recent years at the level of debt caused by financial pressures heaped on clubs to compete against wealthier opponents, a situation which has left around half a dozen of the top clubs in Spain "in dire straits". The new scheme is the result of a fact-finding trip to the United States undertaken by Uefa officials earlier this month. And although the regulation of American sports has traditionally been viewed with some scepticism in Europe, Uefa are thought to have been impressed by the example set by Major League Baseball, which enforces salary thresholds and taxes clubs on the amounts they spend above those levels. The Uefa are now considering a similar approach to tackling competitive imbalance in football, and could apply similar rules to transfer fees. Initial plans had involved a salary cap, based on a percentage of a club's turnover, but Uefa are understood to have cooled on the idea, as it would be difficult to regulate in practice. "There is no simple solution," said Uefa spokesman William Gaillard. "All have drawbacks, some worse than others. The salary caps look difficult to manage in a system where we have European competitions like the Champions League interfacing with national leagues and competitions. It would be frighteningly difficult to administer." Uefa are also thought to be mulling over rules which would limit squad sizes, while they have received criticism, not to mention complaints citing European anti-discrimination laws, for their plans to restrict the number of foreign players in a team, the so-called "6+5" plan. However, Gaillard described the possibility of a luxury tax and limitations on squad sizes as "more promising areas".

I think its a great idea and its good to see teams like man united, man city, liverpool, chelski and spurs who think they can buy succsess compensate the other truer clubs like arsenal, wigan, everton and west ham

[Mr Q]

True clubs LOL. Could be a good idea, they have a good salary system in the NBA.

[Roy Batty]

lol@Adebayor being on over 100 grand a week and talking about clubs' wage bills being far too high.

[The Somalian]

I think its great and kinda equals things a bit more reading that new york yankees had to compensate the other baseball teams in their league 20 million combined because of their spending would be good to see that happen to clubs like united, chelski and abu citeh

[Heero Yuy]

lol@Adebayor being on over 100 grand a week and talking about clubs' wage bills being far too high.

lol more like 70k which is still far too much for him