Manchester City’s failed 100 million euros plus bid for AC Milan’s Kaka now begs the question: should there be a limit on the amount of money a club can pay for a player or should there be a salary cap?

Some of Europe’s top soccer clubs and the game’s European governing body UEFA seem to think so, with the news that they have started talks on curbing the amount of money that can be spent on player transfers or wages.

Sources familiar with the discussions have told Reuters that the European Club Association (ECA) — which represents the continent’s leading clubs such as Manchester United, Real Madrid and AC Milan — has proposed clubs should only be allowed to spend around 51 percent of their revenue on transfers or salaries.

Under the ECA proposal, revenue would be determined as money received only from ticket sales, sponsorship, merchandise and television income. It would not include any financial investment by owners or major shareholders. (more…)

Any club would hate to lose a player with Kaka’s mesmerising skills, but if AC Milan do ever decide to cash in on the Brazilian it could be a great opportunity to revamp their squad.

Milan have confirmed that chief executive Adriano Galliani met Manchester City officials to talk about Kaka “out of courtesy”.

Media reports have speculated City, the richest club in the world, bid 100 million euros or more for the 26-year-old.

Milan have fought off sustained interest from Real Madrid in the past while reports said Chelsea offered an amount just less than City last year. (more…)

After all the newspaper talk leading up to the January transfer window, you might expect it to open with a bang and a flurry of moves.

Instead it always seems to open with a whimper and only a few minor deals going through.

If clubs are so keen for players, why don’t they fix up moves in December which go through as soon as the window opens?

David Beckham’s loan from Los Angeles Galaxy to AC Milan was agreed months in advance as was Manchester United’s purchase of Partizan Belgrade duo Zoran Tosic and Adem Ljajic. Klaas Jan Huntelaar also joined Real Madrid from Ajax early.

The main reason this doesn’t happen often is that the selling club wants to hang on until January 31, hoping the buying club’s desperation will up the price.

The credit crunch and the falling British pound are other factors in the limp start to the transfer window while the fact the German and Italian leagues are still on holiday also slows things up.

Trying to get an Italian club director away from his Christmas panettone and New Year’s Eve prosecco is harder than agreeing terms with any prima donna footballer.

PHOTO: New Manchester United winger Zoran Tosic in action for Partizan Belgrade. Nov. 12, 2008. REUTERS/Ivan Milutinovic

The soap opera that is the English Premier League continued on Wednesday with its first managerial departure — Alan Curbishley resigning as manager of West Ham three games into the new season.

Whilst Manchester City fans were still pinching themselves at becoming one of the world’s richest clubs, Curbishley has quit his post despite two wins from his opening three league games.

Curbishley was reportedly disappointed with the decision to sell Anton Ferdinand to Sunderland and said last week: “As far as I am concerned there won’t be any more players leaving before the window closes,” only for George McCartney to depart on transfer deadline day, again to Sunderland.

West Ham posted a statement, before Curbishley’s announcement, defending their transfer activity: “The transfers of Anton Ferdinand and George McCartney along with the release of Freddie Ljungberg were right for the club and decisions had to be taken based on our best long-term interests,” the statement read.

Anyone thinking the closing of the transfer window and the break for international matches would make the Premier League dull for the next 10 days have been proved wrong. All eyes will now revert back to Newcastle and the future of their manager Kevin Keegan who could soon follow Curbishley.

West Ham’s next manager will be their fifth in the last seven years since Harry Redknapp left in 2001, a stark contrast to the six managers they had in an 88-year period from 1902 to 1990.

Should Curbishley have quit? And who should replace him? Vote on that at our poll here.

FILE PHOTO: Alan Curbishley gestures before a West Ham game. REUTERS/Alessia Pierdomenico

Have the nine-times European champions Real Madrid lost their pulling power, or did they just play the market badly this time?

They put all their eggs (well, most of them) in one basket to land Cristiano Ronaldo but only succeeded in upsetting Robinho when he found out they might sell him to help finance the deal.

They then failed to convince Robinho to sign an improved contract and with time running out they couldn’t persuade David Villa to move from Valencia or Santi Cazorla to leave Villarreal.

Now they start the new Primera Liga season low on resources, at least in attack. Midfielder Rafael van der Vaart is their one major signing and if he stays fit for any length of time he could be a very useful one. But will it be enough win the trophy all Real fans want and expect – their tenth European Cup?

Raul, 31, and Ruud van Nistelrooy, 32, are getting long in the tooth and as back-up they only have Gonzalo Higuain, who shows potential but not a killer instinct, and Javier Saviola, who hardly played at all last year.

They have one proven winger Arjen Robben, who is injury prone, while Royston Drenthe has yet to set the flanks alight.

Bernd Schuster, who doesn’t look very happy at the best of times, said grumpily after Sunday’s opening day defeat to Deportivo Coruna, ”l looked to the left of me on the bench and didn’t see any strikers.”

The player who could have made a difference coming off the bench was Robinho, and he had been left out of the squad in a sign of things to come.

PHOTO: Real coach Bernd Schuster with new signing Rafael van der Vaart during their friendly away to Eintracht Frankfurt, August 12, 2008. REUTERS/Alex Grimm

Manchester United has proved the natural home for maverick showmen in the past and Dimitar Berbatov can become a worthy successor to those who have graced Old Trafford before him.

The 27-year-old Bulgaria captain, who joined United after two memorable years at Tottenham Hotspur, should instantly win over United fans who have previously worshipped strikers like Denis Law, George Best and Eric Cantona.

Berbatov has outstanding balance and control, is capable of devastating finishes and boasts the deftest of touches. He displayed all those qualities in Tottenham’s thrilling 6-4 Premier League win over Reading last December when he scored four times.

Among his goals was a superb shot on the turn, executed in a way that made it look simple when it was anything but, and he blasted home another shot that nearly took the net off its supports.

Read Mike Collett’s full appreciation of Berbatov’s talents on our main website here.

PHOTO: Dimitar Berbatov looks back during Bulgaria’s friendly against Bosnia in Zenica August 20, 2008. REUTERS/Damir Sagolj