Football

Published 1635 GMT (0035 HKT) November 1, 2013
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Just how much should the wages of players like Paris Saint-Germain's Swedish forward Zlatan Ibrahimovic be taxed in France? AFP/Getty Images
A lot, believes French president Francois Hollande. On Thursday he told football club leaders that he won't budge on plans for a 75% tax on salaries in excess of $1.35 million. Sean Gallup/Getty Images/file
French champions Paris Saint-Germain are set to feel the pinch as it would have to pay an extra $11.7m per year just for Ibrahimovic JONATHAN NACKSTRAND/AFP/Getty Images/file
The tax rate would inhibit the ability of PSG and other French clubs to attract star players like Ibrahimovic and the pictured Edinson Cavani, who left Napoli to join the Parisian team in July. FRANCK FIFE/AFP/Getty Images
Nasser Al-Khelaifi is the president of PSG, a club which was taken over by the Qatar Investment Authority in 2011. Khelaifi has overseen a massive recruitment drive, with PSG splashing out huge transfer fees in order to attract the best players in the world. The 75% tax rate is at least 20-30% higher than anywhere else in Europe. FRANCK FIFE/AFP/Getty Images/file
The new tax laws would not effect Monaco, giving the principality's football team an advantage over its Ligue 1 rivals. PATRICE COPPEE/AFP/Getty Images/file
Russian billionaire Dmitry Rybolovlev bought a controlling stake in the club in 2011 and, like his Qatari counterparts in Paris, set about signing expensive players on big contracts. Crucially, the 75% law would make Monaco's yearly taxation expenditure $67 million less than that of PSG. VALERY HACHE/AFP/Getty Images/file
Colombian striker Radamel Falcao is one of the raft of world class players who have been drawn to the tax-free life in Monaco. VALERY HACHE/AFP/Getty Images
The proposed 75% tax has prompted the Professional Union of Football Clubs to announce it intends to strike, boycotting all matches in France's top two divisions scheduled between November 29-December 2. The strike is not universally backed though, with Evian manager Pascal Dupraz saying footballers and football clubs are not exempt from paying taxes. JEAN-PIERRE CLATOT/AFP/Getty Images/file
Tor Kristian-Karlsen, pictured here on the right unveiling manager Claudio Ranieri, is the former chief executive of Monaco. He is confident that, even if the 75% rule comes into force, it will not adversely effect the French national team. "The best players will always go abroad," he told CNN. "You already have French players in Bayern Munich and Real Madrid. An exodus of French players will not have an impact on the international team." JEAN-CHRISTOPHE MAGNENET/AFP/GettyImages