Platini financial plan - a response

Richard Scudamore, Chief Executive of the English Premier League, has responded to Michel Platini's wage cost plan by claiming that it will reinforce and exacerbate the established financial order in European football rather than successfully addressing it i.e. a club like Real Madrid, with an annual turnover of $471 million per year, will have a far greater amount of money to spend on player salaries than clubs that turnover considerably less. Is Scudamore right? Will his comments effectively kill Platini's plan? Does Platini's plan need thinking through in more detail? Or is it simply a case of the league that benefits most by paying high wage costs trying to defend against an undesirable development? Perhaps there is an alternative, more creative, and ultimately more effective way to address some of the perceived financial problems in European football?