FIFA president keen to impose stricter financial regulations

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>FIFA president Gianni Infantino has called for the prospect of salary and transfer fee caps to be discussed at all levels of the game&period;<&sol;p>&NewLine;<p>The coronavirus crisis has had a big financial impact across the sport and the global governing body hopes to finalise plans for a relief package at its next Council meeting later this month&period;<&sol;p>&NewLine;<p>The pandemic and its effects has led to calls for financial reform across a cash-rich industry and Infantino has encouraged discussions on the matter&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;<i>On the financial and governance aspects&comma; I also heard some interesting proposals on a wide range of topics&comma;<&sol;i>” he wrote in an open letter to FIFA’s members&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;<i>From salary caps to transfer fee caps or other taxation mechanisms&comma; to the possible obligation for governing bodies&comma; competition organisers and clubs to build reserves or to contribute to a reserve fund which can be of assistance in hours of need such as now&period;<&sol;i><&sol;p>&NewLine;<p><i>&OpenCurlyDoubleQuote;I personally advocate for clearer and stricter financial regulations&comma; imposing full transparency and good governance principles&comma; and not only limiting this to the transfer system&comma; but to the entire football ecosystem&period;<&sol;i><&sol;p>&NewLine;<p><i>&OpenCurlyDoubleQuote;FIFA is doing already a lot of work on this area&comma; even if we face some strong vested interests who fight against our plea for a better global governance in our sport&period;<&sol;i><&sol;p>&NewLine;<p><i>&OpenCurlyDoubleQuote;Dear friends&comma; we will need your full support and commitment to move to the next level of good governance in football globally&period;<&sol;i><&sol;p>&NewLine;<p><i>&OpenCurlyDoubleQuote;I think that these and other measures&comma; projects and ideas should be discussed at all levels&period; I know that this is something that will spark intense debate&comma; but debate is healthy&comma; and we should speak about it all together – as we stand together during this difficult period&period;”<&sol;i><&sol;p>&NewLine;<p>Even the richest clubs in the world are being affected by coronavirus&comma; with Tottenham taking out a £175million loan from the Bank Of England this week in order to plug a £200million hole in expected revenue&period;<&sol;p>&NewLine;<p>FIFA has plans for a rescue package for all areas of the game and Infantino hopes to get it sorted soon&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The need for top club football to resume has understandably taken priority&comma; but we must also consider national teams&comma; women’s football&comma; lower-tier domestic leagues&comma; youth and the grassroots game&comma;” Infantino added&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We have to show unity across all aspects of football and make sure football can resume in its globality&period; This is our priority and our financial relief plan will also follow this principle&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;In a constructive spirit of consultation that seeks to benefit all of football&comma; FIFA is working hard to present a positive solution to the FIFA Council in the coming weeks&period;”<&sol;p>&NewLine;<p>Football is beginning to resume following a long hiatus&comma; with the Bundesliga already back in action and the Premier League&comma; LaLiga and Serie A set to follow in the next couple of weeks&comma; with all games played behind closed doors&period;<&sol;p>&NewLine;<p>FIFA has previously warned that the game will be &OpenCurlyDoubleQuote;very different” until a Covid-19 vaccine can be found and Infantino has urged associations to be patient before allowing for fans to return to the stadium&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Football is already under way or about to restart in several countries&comma;” he said&period; &OpenCurlyDoubleQuote;This brings us&comma; and all the football fans across the globe&comma; some hope for the future&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;However&comma; we also have to understand and respect different decisions&comma; especially from those among us who still need more time to be sure that a restart can be done in a way that is safe for everyone&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Tolerance and understanding are important&comma; especially these days&period;”<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">Two cornerstones of Germany&&num;39&semi;s new generation go head to head this weekend 🇩🇪<&sol;p>&NewLine;<p>⚽ <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;bayer04&lowbar;en&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;bayer04&lowbar;en<&sol;a> vs <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;FCBayernEN&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;FCBayernEN<&sol;a> <br &sol;>⭐ <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;kaihavertz29&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;kaihavertz29<&sol;a> vs <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;leongoretzka&lowbar;&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;leongoretzka&lowbar;<&sol;a> <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;B04FCB&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;B04FCB<&sol;a> <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;SlvtWUJQum">pic&period;twitter&period;com&sol;SlvtWUJQum<&sol;a><&sol;p>&NewLine;<p>&mdash&semi; Bundesliga English &lpar;&commat;Bundesliga&lowbar;EN&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;Bundesliga&lowbar;EN&sol;status&sol;1268867666124648448&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">June 5&comma; 2020<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>While domestic leagues are up and running&comma; there is no sign of a return for international fixtures any time soon&comma; with the 2020 calendar decimated&period;<&sol;p>&NewLine;<p>Discussions are ongoing over a scheduled return and a new calendar could be revealed soon&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;On another very important topic&comma; namely the international match calendar&comma; I am happy to report that we also made some good progress&comma;” the Italian added&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;In consultation with different stakeholders&comma; we are closer to presenting a balanced solution that takes into account everyone’s challenges and needs&period;”<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed195800522">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; 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