On the Fox Sports website it mentions how the British Sports Minister is meeting with a few of his European counterparts as well as UEFA & FIFA at the World Cup draw.
One plan he hopes to consider is G14's (18 of Europe's most powerful clubs - Founding clubs include Liverpool & Manchester United) idea of a salary cap. The idea is that clubs can only spend 70% of their turnover. Which would limit Malcolm Glazer and Roman Abrahamovich's effect on the game as they wouldn't be able to wield as much of their purchased power. Rio Ferdinand's wages have been given as an example.
I know personally out of my experiences in Australian sport that a salary cap can assist in evening out the competition quite a bit. However, in what is undoubtably the toughest and the best Rugby League competition in the world there is a problem of players seeing how much money is on offer in the English Super League, so caps can cause problems.
If Europe introduces a salary cap I personally doubt that the Confederations of South America, North & Central Americas and Asia could still outbid the European clubs for the best players so I don't think player leaving Europe will be a problem. I feel that a cap could be a positive thing for the game.
I know that footballing magazine FourFourTwo also floated an idea of a salary cap as well.
As Liverpool is a member of G14 who put forth this plan, what do the fans think? Is a salary cap a good idea?