UEFA President Raises Luxury Tax Possibility
March 23, 2017
UEFA President Aleksander Ceferin has confirmed that the European governing body are again considering the possibility of introducing a ‘luxury tax system’ to tackle financial inequality at the game’s top level.
Ceferin has called for action to be taken to address financial powerhouses building and hoarding sizeable squads of top players.
“We do have to examine new mechanisms like luxury taxes and in particular sporting criteria like squad limitations and fair transfer rules,” Ceferin has been quoted as saying. “We do need to assess whether the transfer market as it operates today is the best we can do. We cannot be afraid to touch it.”
Meanwhile, Ceferin has said Fifa’s decision to expand the World Cup will leave only a limited number of countries capable of hosting it. Fifa decided in January to expand its showpiece event from 32 to 48 teams from the 2026 tournament, a bidding process for which has yet to be opened.
“I think maybe two countries, three countries in Europe, not more,” Ceferin said, according to the Associated Press news agency. “Nobody in Africa, maybe China, maybe USA, and that’s it. Forty-eight is a big number, it will be interesting.”