The wage cap idea is good in theory, but i believe its unpractical in football and i'll explain why.
For one there are multiple divisions, unlike the NFL (classic salary cap example) where there is only one league and therefore easy to place everyone on a level playing field but what happens to the teams relegated?? would they have to then comply with the salary cap in the first division?? would they have to trade (yes trade, the transfer system as we know it would have to be dissolved) their star players to get below the cap?? and what if there star player didnt want to leave, what happens then??
I'm not a supporter of a small team, i am a liverpool fan, so i have no idea whats its like struggling against relegation or having financial problems like other smaller clubs (no offence intended). But with Chelsea being above the rest at the moment, when we beat them (i.e. Champions League and F.A cup) it makes the win all the sweeter!!! I can imagine that when smaller team beat us, or man u, arsenal or chelsea they get the same satisfaction and i wouldn't like that to change.
Many arguements there are (sorry for being yoda) both for and against the salary cap, but personally i wouldn't like one!
Yeah. What he said.