All of a sudden they want to restrict wages to 50% of turnover!!!
Arsenal and Manchester United will have the least to fear out of English football's 'big four' if stringent restrictions on the spending on wages for Champions League clubs is introduced.
The European Clubs' Association meets in Geneva tomorrow and is expected to come up with proposals to limit the proportion of a club's income that they can spend on salaries.
Karl-Heinz Rummenigge, the chairman of Bayern Munich who heads the new ' body, is pushing for a 50% limit of turnover going on wages.
Among English clubs, Chelsea would have the most to fear from such a ruling - they spend 71% of their turnover on salaries.
Liverpool, according to the most recent figures available, would also be affected with 57% of turnover going on salaries.
Manchester United would have least to fear - they have made a policy of prudent spending on wages, and their current level is 43.6%.
Arsenal's proportion is also comparatively low at 45.4%, although this rises to 49% if the income from property sales at the old Highbury stadium is discounted.
Rummenigge said of his plan: "The 32 participants (in the Champions League] would have to meet certain conditions. Only 50% of the club's total revenues could be invested in wages."
UEFA president Michel Platini is keen on imposing limits and he has already met with Rummenigge for talks on action.
Speaking in London last week, Platini used Manchester City's £100m bid to sign Kaka as an example of why some restraints were needed.
Platini said: "Clubs have to operate within their income.
"How one guy can cost 150million euro is ridiculous from a social, football and financial point of view.
"It's why we have to do something to have a transparency and a fairness in football. It's not good for the popularity of football."
Arsenal and Manchester United will have the least to fear out of English football's 'big four' if stringent restrictions on the spending on wages for Champions League clubs is introduced.
The European Clubs' Association meets in Geneva tomorrow and is expected to come up with proposals to limit the proportion of a club's income that they can spend on salaries.
Karl-Heinz Rummenigge, the chairman of Bayern Munich who heads the new ' body, is pushing for a 50% limit of turnover going on wages.
Among English clubs, Chelsea would have the most to fear from such a ruling - they spend 71% of their turnover on salaries.
Liverpool, according to the most recent figures available, would also be affected with 57% of turnover going on salaries.
Manchester United would have least to fear - they have made a policy of prudent spending on wages, and their current level is 43.6%.
Arsenal's proportion is also comparatively low at 45.4%, although this rises to 49% if the income from property sales at the old Highbury stadium is discounted.
Rummenigge said of his plan: "The 32 participants (in the Champions League] would have to meet certain conditions. Only 50% of the club's total revenues could be invested in wages."
UEFA president Michel Platini is keen on imposing limits and he has already met with Rummenigge for talks on action.
Speaking in London last week, Platini used Manchester City's £100m bid to sign Kaka as an example of why some restraints were needed.
Platini said: "Clubs have to operate within their income.
"How one guy can cost 150million euro is ridiculous from a social, football and financial point of view.
"It's why we have to do something to have a transparency and a fairness in football. It's not good for the popularity of football."