Jamie Carragher believes a salary cap would be good for football if it helped ease financial worries.
Football Association chairman Lord Triesman warned on Wednesday that desperate measures may need to be taken in order to prevent spiralling costs in English football.
The proposal has received mixed reactions, with some believing less money in the Premier League would only succeed is pushing talent elsewhere.
Salary caps in football were abolished after a player revolt in the 1960s, leading to the astronomical wages paid out in the modern game.
As one of the Premier League's top performers Jamie Carragher falls into the bracket of players at the top end of the salary spectrum.
However, the Liverpool defender admits that ensuring the long-term future of the game is more important than money.
"I hope he (Triesman) brings it in when I've just finished!" Carragher joked while speaking on Sky Sports News.
"If bringing a wage cap in is going to stop teams going bust, then I'm sure it's got to happen.
"The most important thing is the football club."
Football Association chairman Lord Triesman warned on Wednesday that desperate measures may need to be taken in order to prevent spiralling costs in English football.
The proposal has received mixed reactions, with some believing less money in the Premier League would only succeed is pushing talent elsewhere.
Salary caps in football were abolished after a player revolt in the 1960s, leading to the astronomical wages paid out in the modern game.
As one of the Premier League's top performers Jamie Carragher falls into the bracket of players at the top end of the salary spectrum.
However, the Liverpool defender admits that ensuring the long-term future of the game is more important than money.
"I hope he (Triesman) brings it in when I've just finished!" Carragher joked while speaking on Sky Sports News.
"If bringing a wage cap in is going to stop teams going bust, then I'm sure it's got to happen.
"The most important thing is the football club."
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