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LIVERPOOL TAKEOVER COULD LEAD TO WAGE CAPS

The imminent £450 million takeover of English Premier League club Liverpool could lead to the introduction of a wage cap with concerns that such takeovers will widen the gap between a handful of super-rich clubs and the rest.

UEFA communications director William Gaillard said, “there is no doubt that the immediate threat in the short-term is a huge increase in the gap between the haves and the have nots.”

Dubai International Capital is on the verge a deal to acquire Liverpool and is in exclusive talks with the club.