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UEFA is considering a luxury tax for rich clubs

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UEFA President Aleksandar Cheferin said it was necessary to end the practice of wealthy clubs buying the best players. In the words of the Slovenian, restoring the balance and competition in European football clubs is a top priority for his mandate.

Chefherin added that a discussion began to stop financial abuses in football, to top the salaries of players, and to limit the commissions received by football players. UEFA is considering introducing a luxury tax, according to which clubs by contacts with fixed betting tips will pay fines when exceeding a certain wage fund budget. Funds received will be redistributed by social programs. We can discuss all these measures at the annual meeting of the UEFA Professional Strategies Council, `said Chefherin in an interview with the Daily Telegraph.

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