It's an interesting idea and one I'm familiar with as a follower of Rugby League which is a salary capped sport .

All Super League clubs are capped at a 2.1 million spend on players wages per season , however you are allowed to have up to 3 players in your squad known as marquee signings that don't count on the salary cap and you can pay them pretty much what you want .

Homegrown players only count as 30k on the cap irrespective of what you pay them , this is obviously to encourage you to develop your own players .

If you lose a player due to a serious injury and out for more than 6 games he can be removed from the cap in order to bring in a replacement .

You can add two players to your squad earning under 35k a year and that's not added to the cap .

So whilst it's a salary capped sport there is wriggle room available that doesn't entirely squash ambition with the 3 marquee signings .

What you tend to see is that the majority of contracts are honoured , if my club Wakefield Trinity signs a player on a 4 year deal you can be pretty certain he will be at the club for those 4 years , there are exceptions but it's pretty rare which means transfer fees between clubs are also rare .

The RFL as a governing body do not tolerate clubs who experience financial difficulties through either financial incompetence or overspending , they relegated one of the games biggest clubs the Bradford Bulls to the 3rd tier for financial irregularities a decade ago and they've just kicked Salford out of Super League for the same reason .

I wouldn't go as far as to say it's a perfect policy , owners of Rugby League clubs still have to provide personal funding in order for clubs to operate , travel costs , stadiums , training facilities , medical and fitness staff , coaching teams , academies and youth development , office staff including the CEO .

Without owner funding almost everyone would go bust however the most positive aspect of a capped Rugby League sport is that the game has never lost it's community based heritage , mega salaries haven't impacted Rugby League in the way we've seen in football .

Whether this would make football below the championship a better game is debatable in my opinion .