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Chelsea chairman Buck backing salary cap idea

Chelsea chairman Bruce Buck says the club are cautiously supportive of the introduction of a wage cap to curb football's inflationary finances.

The issue of wage increases has been brought into the spotlight once again by the news that Wayne Rooney has signed a vastly-improved contract at Manchester United, having agitated for a move away from Old Trafford.

It was Chelsea who famously stimulated the market following Roman Abramovich's arrival in 2003, a role now undertaken by Manchester City, but the Blues are attempting to balance the books at Stamford Bridge and cut a number of players from the wage bill this summer.

With UEFA implementing Financial Fair Play rules from the 2013-14 season, Buck says Chelsea would support a salary cap, but only if it was enforceable the world over.

"We would seriously consider a wage cap. It has to be properly implemented," Buck told the Sunday Times. "I'm not even sure that Europe-wide is enough. Look what happened with cricket and the IPL (Indian Premier League): the best players are going to go where they can make the most money.

"We have many of the best players in England and we do not want to see them go elsewhere."

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