Fifa president Sepp Blatter says owners of some of the world's richest clubs have created a "Wild West-style of capitalism" threatening the game.
Blatter is worried for football's future
"The majority is fighting with spears, while the greedy few have the financial equivalent of nuclear warheads," Blatter wrote in the Financial Times.
Blatter said a Fifa taskforce is to examine the "pornographic amounts of money" that have divided the sport.
"The time has come to take action to curb the excesses," Blatter added.
Blatter's article in the Financial Times did not specifically name any clubs, but his targets are likely to include Chelsea owner Roman Abramovich, who has spent £330m since taking over in 2003.
"What makes this a matter of concern is that, all too often, the source of this wealth is individuals with little or no history of interest in the game, who have happened upon football as a means of serving some hidden agenda.
"What is interesting about a league whose champions can be predicted with confidence after about five games?
"Why is it good for football to take the excitement away from fans by overcharging them for tickets to see 'their' team?
"And is it really still 'their' team when one club in England has a squad with 19 nationalities?
Blatter also attacked the rise in wage demands from "semi-educated, sometimes foul-mouthed, players on £100,000 pounds a week holding clubs to ransom.
"It is simply insane for any player to 'earn' £6-8m pounds a year," he wrote.
"What logic, right or economic necessity would qualify a man in his mid-20s to demand to earn in a month a sum that his own father - and the majority of fans - could not hope to earn in a decade?
"What we are faced with is a football society of haves and have nots.
"This cannot be the future of our game. Fifa cannot sit by and see greed rule the football world. Nor shall we."
Fifa president Sepp Blatter is to appear on a phone-in on Thursday on Sport on Five between 2000 and 2100 BST on BBC Five Live.