Nowadays the financial crisis also seems to be hitting the European sports sector. Sport clubs, associations and politicians come up with different proposals to solve the crisis or at least prevent clubs to fall into bankruptcy. One of the topics in the world of European soccer is the introduction of a salary cap which should improve the financial situation of the clubs. The Union of European Football Associations (UEFA) is currently (re-)considering the idea of limiting clubs’ expenditure on salary and transfer fees to a particular proportion of their direct and indirect sporting revenues.
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