Transfer Market: UEFA looking to shake up how the transfer market works
UEFA open to changing the way the transfer market works and it could have disasterous results for the likes of Real Madrid, Barcelona and teams in the Premier League, Bundesliga and Serie A.
The new president of UEFA, Aleksander Ceferin, believes it is "advisable to reform the transfer system" in Europe. The Slovenian in favour of "evaluating the competitiveness of each league and see if the manner of how it functions at present is the best." He is also not afraid to change the rules of the transfer market and put into practise mechanisms such as the luxury tax or put limits on squads.
The plan,of which there is a draft that has been examined and approved by the smaller countries that make up the 59 members of UEFA but is opposed by the biggest including Spain, England, Germany and Italy. It could be disasterous for the biggest clubs on the continent, among them Real Madrid and Barcelona. "We have to think of something to prevent one or two clubs from hoarding all of the most talented players," he said.
Duty to all clubs
"We can not allow the size of some clubs strangle the little ones. UEFA has a duty to the elite club, but also to all of the others too," he continued.
Real Madrid, Barcelona and Atletico Madrid are the only three clubs that have been sanctioned by UEFA for the signing of minors. Real Madrid completed their sanction in the last transfer window and can return to the market this summer. Real Madrid are hot on the heels of Kylian Mbappé and possibly a goalkeeper, along with Eden Hazard while Barcelona have their eyes on Isco and Thiago Alcantara.