The Premier League needs to
adopt a salary cap in a bid to achieve financial stability,
according to Arsenal chief executive Ivan Gazidis.
Manchester City's spending since the close of last season has
dominated the back pages as reports of astronomical fees and wages
become commonplace.
With Chelsea and a cash-rich Manchester United also expected to open their chequebooks freely
in the close-season, more heavy investment is anticipated from the
top flight's biggest spenders.
Arsenal remain determined to stay on an even keel financially
and Gazidis has called for a greater responsibility from Premier
League clubs.
"I think it is worth our while to investigate whether there are
elements of the salary cap system, which they have in US NFL and
baseball (sic), which would benefit football," Gazidis told The
Guardian.
"Clubs have a duty to provide more stability in our business
models and some form of wage restraint is one element worth looking
at.
"There are many ways in which it could work."
Gazidis joined Arsenal last year after working as the deputy
commissioner of Major League Soccer, which employs a salary cap.
skysports.