MILLWALL chief John Berylson believes the only way to create a level financial playing field in football is by introducing a salary cap.
The Lions chairman, speaking in the first issue of Rabona magazine, states that Financial Fair Play (FFP), a rule brought in by UEFA to punish clubs for making excessive losses, does not go far enough.
And he suggests the English game should follow in the footsteps of American sports in order to counter players' rising wages.
"American owners have been screaming about salary caps, and Financial Fair Play is in place mainly because Americans have made a point about it," Berylson said.
"But it's not enough, FFP is not the answer. To save this game, there has to be a salary cap – they have to do a lot of the things American sports have done.
"Not only the NFL but the NHL have got these rules in place. The result? Players play for pride, not for money. It creates a much healthier environment.
"FFP is a step in the right direction, but it hurts some teams who don't get the crowds to compete. A salary cap is the only way to do this, they've been dancing around it for too long.
"There are models of how to do this and FFP is not a fair model.
"Last summer we saw more money leave the UK than come in during the transfer window and that will probably continue.
"If it continues to go completely out of control many of the American owners that have brought so much stability to so many English clubs will lose interest, myself included."
Berylson added: "The quality of overseas investment, on the whole, is not great for English football. But in many cases the American owner is a higher quality one. Americans tend to bring stability and a high quality of ownership."
Read the full interview with John Berylson in Issue 1 of Rabona Magazine, available for £5 from rabonamag.com/buy/magazine.