Each side of the argument for a wage cap has very valid points and Sportingo writer Gerald McLaughlin is not sure if there is a concrete answer.
'It's a very different world in which you are under the microscope every day. Would we like our every move scrutinised, our every act of minor folly spread all over the front pages?'
If life was meant to be equal then we have got it all wrong. Quite rightly, too. If we all earned the same money from different jobs and everything was equal it would be an extremely boring world to live in. It's dog eat dog - always has been, always will be.
Some people make it to the pinnacle of their chosen field and others stop halfway, contented with what they have and what they have achieved. As long as they are happy, then its OK.
To get to the top of the ladder in any profession takes long hours, a gruelling schedule and commitment. In the modern era of football the money is astronomical at the top. If you are good enough and sensible with your money, you will be set for life. It's a short career in comparison to so-called "ordinary jobs". At least that was the argument when players' wages started to become significantly higher than those in any other job.
With the commercial interests, coupled with money from massive television deals and sponsors, football steadily grew into what it is today. Money was to be generated everywhere and agents representing their clients changed the way in which clubs dealt with players.
In the 80s and early 90s it was still the norm for the manager of a club to handle contractual matters. Indeed, even Tony Adams left most of his dealings up to George Graham and his own father.
The vultures were already circling by this point and could see the riches that could be made for footballer and agent. The middle men. Footballers didn't need to concern themselves with such matters as long as their agent received his share.
It's now too late to even consider a cap on wages - the damage (or good) has already been done.
I do believe that the money causes extreme jealousy amongst certain professionals and that can be seen at times on the field of play. But these altercations can also be spotted in offices, commercial kitchens and every other job. That's life.
The majority of people in the developed world are all given a fair crack at the whip. If you're good enough, then you make it. Everyone eventually finds their own level. The opportunities are there. We all sit there at times wishing we could have Wayne Rooney's money and everything with it. Would we cope with it all?
It's a very different world in which you are under the microscope every day. I think you have to be of a certain ilk. Would we like our every move scrutinised, our every act of minor folly spread all over the front pages? Ex-girlfriends or lovers spilling the beans in the tabloids about our sexual prowess (or lack of it)? I'm not so sure I would.
Yes, we can all say that for £100,000 a week we'd put up with that. OK, footballers earn silly money but they worked hard in their chosen field to get where they are. We certainly can't knock them for taking the money.
A cap on players' wages would cause more hassle than its worth. What's been done is done.
If there was a cap on footballers' income, what would be your maximum wage? Post your comments below - or let us have an article of your own.