Former Nottingham Forest and Liverpool Star, Stan Collymore has claimed that the idea of salary cap in football wouldn’t necessarily be a bad one. Though, he doesn’t believe it is going to work with the insane amount of salaries players request nowadays.
He does offer a possible solution, however.
“The problem with a salary cap for me is it’s got to come from FIFA,” Collymore said to CaughtOffside for his exclusive column.
“I think if you have got agreement across the big leagues of England, Italy, Spain, France, Germany, that would go some way to having a salary cap implemented. But of course, all it means is you’ll get more and more players going to the Saudi Pro League and picking up their £500k+ per week. So it kind of becomes self sabotaging.
“If FIFA said there is going to be a global salary cap, then I think it could work, but I think that FIFA would also have a fight on their hands from from UEFA.
“We need to get there in some way though I worry that just like the creative accounting of certain Premier League clubs – selling or their swapping their best young kids or assets to get around FFP – the clubs will find a way to circumvent this cap.
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“What I would like to see is an organisational cap, which HMRC can then can get involved in.
“The organisation, for example Man City, can only spend across all of its assets – whether it be players, staff or anything else – £100m total per year, and if you go over that then you get fined.
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