Salary restrictions part of Platini’s recent proposal

eufootball.biz     Jul 16, 2008            

UEFA President Michel Platini has requested that limits be imposed on clubs’ salary budgets. In a proposal recently submitted to the European ministers, Platini suggested that clubs only be permitted to spend between fifty-five and six-five percent of their income on player salaries, as a way of controlling club expenses. William Gaillard, UEFA Communications Director, believes the restrictions will encourage clubs to curb their spending without a necessity for individual salary caps. "We know an individual salary cap would be very difficult to enforce in European law but we need to talk to the EC about clubs spending only a percentage of income on salaries," Gaillard said. "It could be 55 per cent, 60 per cent, 65 per cent - Karl-Heinz Rummenigge [European Club Association (ECA) Chairman ] has spoken of a limit close to... [read full story]                    


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