Chelsea and Roman Abramovich have cautiously endorsed the idea of a wage cap in football. A salary cap would limit each player’s total spending on player wages to a centrally agreed maximum sum. Chelsea would expect a salary cap to cover at least Europe, although they would prefer a global arrangement.
It could be argued that Abramovich contributed to the original escalation in players’ wages, but he has reduced his spending in recent years. They reduced their wage bill last summer by releasing or selling five senior internationals.
Chelsea and Roman Abramovich have cautiously endorsed the idea of a wage cap in football. A salary cap would limit each player’s total spending on player wages to a centrally agreed maximum sum. Chelsea would expect a salary cap to cover at least Europe, although they would prefer a global arrangement.
It could be argued that Abramovich contributed to the original escalation in players’ wages, but he has reduced his spending in recent years. They reduced their wage bill last summer by releasing or selling five senior internationals.
Salary caps are widely used in American sports, but there are problems with evasion.