Ivan Gazidis Brings Up Premiership Salary Cap Idea Once Again

Filed under: Arsenal, Money

Ivan Gazidis1

It’s not the first time that former Major League Soccer Deputy Commissioner and current Arsenal Chief Executive Ivan Gazidis has brought up the idea of capping the salary system in England, but has revisited the conversation again with the insane amount of money being spent recently by the massive clubs around the world.

Via Goal

Real Madrid have been the summer’s big spenders thus far, splashing out on €180 million worth of talent despite the transfer window only officially opening one day ago, yet Manchester United, Manchester City, and Chelsea are also expected to bolster their respective squads substantially.

Arsenal, meanwhile, look set to rely on their contemporary ethic of thrifty management, particularly in the transfer market, as the low-key signing of Ajax stopper Thomas Vermaelen appears likely to be augmented by a few further little-known recruits.

Regarding a possible change to the way in which clubs spend and budget, Gazidis informed The Guardian, “I think it is worth our while to investigate whether there are elements of the salary cap system, which they have in US NFL and baseball, which would benefit football.

“Clubs have a duty to provide more stability in our business models and some form of wage restraint is one element worth looking at.

“There are many ways in which it could work,” he concluded.

Image via DailyMail

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Posted on Jul 2nd, 2009 by  dunny 

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3 comments on “Ivan Gazidis Brings Up Premiership Salary Cap Idea Once Again” (RSS feed )

  1. SportLife » Ivan Gazidis Brings Up Premiership Salary Cap Idea Once Again says

    […] €180 million worth of talent despite the transfer window only officially opening one day ago, y Go to Source Leave a comment Related PostsJuly 2, 2009 — Why an EPL Salary Cap is a Terrible Idea (0)July […]

  2. Guv'na says

    Nah bollocks to it, keep for the American sports

  3. White Kix says

    Wouldn’t that be a transfer cap, not a salary cap? With world football, you have to get the entire world on board. If only the Premier League had a cap, they would make tons of money for a while, and then eventually everyone would just watch the Real Madrid worl domination league.