City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

One significant problem is that we tend to look at things as fans, not players. Salary caps restrict the free-market for players, limiting movement and capacity to earn the most the market will dictate based on their extremely unique abilities and what that can do for a club's amibitions/wealth accumulation (i.e. Neymar). If UEFA or whoever go too far one could see the players and agents start to make a bit of a stink about imposing these rules.
Correct. Remember we had to pay over the odds to attract the best players, only a free market enabled us to do that.
 
American sports also go through strikes and lockouts every now and then when there's a dispute between the owners and the players over money.
 
Not quite true as I understand it. They certainly breached FFP rules but were able to claim mitigation under Annex XI, which allowed them to take wages paid in 2012 under contracts signed prior to June 2010 into account. That’s the same provision where they changed the basis of calculation, from one where we could have done the same to one where we then couldn’t. We’d submitted accounts which met the original criteria, which was subsequently changed to a basis that ensured we failed.
I thought they couldn't get that due to a declining trend in their results. By the time they qualified for Europe and became subject to penalties that trend had been reversed.

But I stand corrected if that wasn't the case.
 
Salary caps are not always the panacea for all ills. In baseball teams like the Yankees have a history of just breaking it and paying a fine, in ice hockey they can never agree where to set it and in NFL teams don’t have to pay up to the cap - so dome teams are genuinely uncompetitive- the Buccs - under Glazer - have operated well below the cap.
Plus richer clubs will have sponsorship arrangements to increase player salaries in the same way we’d cover say Messi today if he joined.
 
So, UEFA have assessed the reaction to initial 'leaks' and now singing a bit different tune:
Ceferin revealed talks with leagues and clubs would begin on Tuesday about the luxury tax he first floated almost a year ago, something that would see teams exceeding a certain threshold fined on a sliding scale, with the money raised distributed either among their rivals or to “social responsibility programmes”.

Europe’s political leaders blocked Michel Platini, Ceferin’s predecessor, from introducing a more traditional salary cap almost a decade ago, but the Slovenian was confident a luxury tax could be implemented without their approval.
<... >
“We have some sporting measures that we can establish without politicians. We can do luxury tax, we can limit the loans, we can limit the number of registered players.”
All those measures are set to be discussed on Tuesday at the annual meeting of Uefa’s Professional Strategy Council, the members of which include Richard Scudamore, the Premier League executive chairman, and other key stakeholders.
<... >
Ceferin also revealed European football’s governing body was on the brink of submitting proposals to Fifa for agents’ fees to be capped and for the reintroduction of a licensing system for intermediaries, joking it had become possible for even a “killer” to represent players and clubs.
This 'confession' is worth mentioning:
“You will be surprised that even the biggest clubs want us to do something.”
 
There is already a salary cap......it's called don't sign the player.

We pulled out of Sanchez deal because it made no sense. We did not need rules written down
 
What's hilarious is that new regulations will come in that are specifically aimed at us, even though we are the only top team showing any form of restraint.

They will ban Football Groups or something, you watch.
 

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