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the rule does not completely ban foreigners from playing. it will be the rule in EVERY country so how is that discrimination?
i do not think it will cheapen the quality of the game. simply there will be much more competitiveness from countries that continually produce talent but happen to lose it due to poor pay, etc. such as france.
a country such as england would undoubtedly suffer....so i would suggest they do as the germans did and try to reinvent their style of football as well as change the youth development system.
for example hilario, a reserve goalkeeper at chelsea, is employed by chelsea. but he never plays. playing has nothing to do with employment.
The act of signing a contract for money for service in return constitutes employment. The minute a player puts his name on the dotted line for x number of years for x amount of money, he becomes their employee. Just because it isn't a traditional desk job means nothing; soccer players are professional employees to whatever club is paying their wages.
A salary cap of sorts would be the most logical way to create parity and teams with more money could pour it into developing youth and facilities.
And England aren't doing poorly now because we don't have enough English players in the league, that's completely irrelevant. If they were good enough, they would get in the teams.
Fifa are idiots.