UEFA president Michel Platini believes a salary cap needs to be introduced into football for the good of the game.
The topic of football finances has been debated in recent days with Football Association chairman Lord Triesman claiming English clubs currently owe an estimated £3billion in debt and that a salary cap could help the problem.
Platini has added his voice to the debate and believes a salary cap is a necessity to safeguard the game.
However, the Frenchman insists a maximum level on wages will not happen for some time.
"We have to speak about the number of contracts in the clubs, we can speak about salary but I am not an expert, I am an expert of football of the game," Platini told Sky Sports News.
"The rest we have to learn. We have to go slowly and to look at what we can do, but it is necessary for the good of football."
League Managers' Association chief executive, Richard Bevan believes a salary cap in football is not the answer to the financial problems.
"Too many people feel that salary caps is really actually about wage caps and that is actually illegal in Europe," said Bevan.
"Rugby League and Rugby Union are two exceptions because they were in financial difficulties and people were keen to move into salary caps, but that is not the answer.
Platini also criticised the influx of foreign owners into the Premier League, claiming clubs are losing their identity as a result.
The Abu Dhabi United Group's takeover of Manchester City in August was the latest in a line of deals which has seen Britain's top sides sell out to overseas investors.
But Platini felt clubs should be doing more to protect their roots.
''If you bring people from Qatar and there is no-one from Liverpool or Manchester at the club, where is Liverpool or Manchester?'' he said.
''I think it is not good. I think the Qataris should invest in Qatar. They should develop the football in each country.''
Platini wants to introduce measures to prevent the trend developing across Europe.
''Can we do something against it? I will try to,'' he added. ''Do you want in Liverpool an Arab sheikh as president with one Brazilian coach and nine or 11 African players?
''Where is Liverpool in that? We have to make some rules. What is football? Football is a game and this game has become popular because of the identity.
''You have to have identity, that is where football's popularity lies.''