Garber: MLS fairer, more stable than Euro
LONDON (AP) — MLS commissioner Don Garber will tell European clubs this week that adopting U.S.-style financial controls could safeguard their futures and make for more competitive leagues.
In an interview with The Associated Press, Garber argued the merits of applying salary caps and spending limits universally — a case he will present to global sports leaders in London this week.
“I hope to present some of the experiences we have had in the MLS and in other leagues as perhaps, if not blueprint, a guide as European football starts looking at financial fair play,” Garber said. “That is the key driver to the stability that exists in our major leagues — and there is tremendous stability in American sport.
“I’m not so sure that same stability exists in football around the world.”
The Union of European Football Associations already has taken steps to clamp down on spending, fueled by debt, at leading European clubs — notably Manchester United and Real Madrid.
UEFA’s new rules would require clubs to break even and spend only what they earn from soccer-related income such as ticket sales and broadcast contracts.
In the MLS, players contracts are signed centrally and each team is subjected to a $2.3 million salary cap. A designated player, such as England midfielder David Beckham of the Los Angeles Galaxy have only $415,000 of his salary count against the cap.
“We tend to be very sophisticated about the business of sport and that sophistication has led to great success,” Garber said. “The rest of the world tries to look at it to get a better understanding of sport, particularly as European football continues to [grapple] with the wealth gap. We still remain a niche sport and we have to make sure we are managing our business to be financially viable and long-term success is the key goal — that may or may not be the same objective that exists in Spain.”
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