FOOTY ITALIANO, May 11 (UPI) — Italy’s football association said Wednesday it will begin work on a new salary cap that would apply to both footballers and coaches.
The Serie A governing body said the new rules would be unveiled on Friday in a meeting with clubs in Rome, but that details would be announced at a later date.
The league will make a decision on the changes in October and then in January 2018.
The move will give footballers a better shot at competing in a higher level of competition, as they would be entitled to more money and better training facilities, the association said in a statement.
Under the new cap, footballers would make up a minimum of $100,000 a year and be eligible for a salary increase of up to 15 percent.
In a similar situation, coaches would be paid $100 per game, while players would make $300 a year.
A cap on players’ salaries will apply to all leagues in Europe except for the English Premier League, which has a cap of $250,000.
The salary cap has been in place since the 2014 World Cup in Brazil and was set to be reduced to $60,000 in 2018 and 2019.