By IANS,
London : European soccer body UEFA chief Michel Platini wants a cap on the money spent by clubs on players’ wages and transfer fees.
Platini requested the European parliament Thursday to introduce regulations on how much clubs in European competitions may spend on players’ wages and transfer fees.
Platini’s comments came at a time when Manchester City created a flutter in January by quoting a $100 million price of AC Milan star Kaka. Platini questioned the morality of the “astronomical” bids clubs lodged for various players.
But that turned out to be a complete u-turn from the stance he took as the UEFA president when Real Madrid’s wanted Manchester United’s Cristiano Ronaldo last summer.
“It’s part of the system we have today. Players move from club to club and I can understand why Real Madrid want him. If the club has the finances they can do it, if they don’t have the money they can’t,” Platini said in June.