The UK's Wembley stadium could be a strong contender to host the 2011 Champions League final after the UK government agreed to relax tax charges on overseas footballers' earnings.

Wembley lost out on the 2010 final because of the tax rule, which might have made players liable to pay tax on bonuses and endorsements if they appeared at a UK event, even if they were based overseas.

Uefa awarded the 2010 final to Real Madrid ahead of Wembley because of the taxation rule.

Football Association chairman Lord Triesman said: "Uefa has publicly acknowledged that Wembley would be an outstanding venue for the 2011 Champions League final, and we are hopeful that with the tax obstacle removed our bid will be successful."