UEFA president Aleksander Cerefin has revealed that he wishes to implement a salary cap into European football “as soon as possible”.
The Slovenian says he is concerned about a small number of clubs becoming exclusively successful, winning all of the trophies year after year with no competition. UEFA are set to introduce new regulations from 2024 whereby a club cannot spend more than 70 per cent of their revenue on transfers and salaries.
Manchester United and Manchester City are considered to have two of the biggest wage bills in Europe with the wealth of the Premier League shadowing all other competitions across the continent.
