cassellswasmagic wrote:“Any promotion-related bonuses would not be included within salary cap restrictions”.
Here’s Stags get out clause. You could get the best players, by giving out the highest promotion bonuses. Maybe £1M between the squad!!! That takes it back to £2.5M. I find it hard to believe that’s not included as a child could get round that one.
MTFCMAD wrote:cassellswasmagic wrote:“Any promotion-related bonuses would not be included within salary cap restrictions”.
Here’s Stags get out clause. You could get the best players, by giving out the highest promotion bonuses. Maybe £1M between the squad!!! That takes it back to £2.5M. I find it hard to believe that’s not included as a child could get round that one.
It’s probably still more risk free than the current set up though. The new system looks designed to create profitable clubs. Total wage bill would end up being around £2.5m -£3m inc coaches, Office staff and what not.
I hope it’s introduced along with the points penalty for failing to pay wages.
Players may now also factor in on joining clubs with better facilities and stuff which is where our training ground and hopefully new Bishop street stand and maybe but probably not now the proposed hotel.
arsene wengers coat wrote:Does anybody else feel that this wage cap and squad cap is some kind of post-capitalist retrospective intervention that should be binned off asap.
It's ok for the premier League clubs to be bank rolled by Saudis with £billions, but now we have to have an opportunity for betterment whipped from underneath us, while the gaps in the premier League remain massive and uncontrolled.
It's like a proposal to keep clubs that are down and out, down and out.
We need self governance. clubs should cut their budgets accordingly and if that means there is some reordering in the league then so be it. It's only when there is a real existential threat that clubs will run sustainably. If clubs keep getting bailed out time and again, they won't change, knowing that they will always be bailed out. Financial crisis of 2008 ring any bells?
I don't want clubs to fold, but I also don't want clubs that are not in financial disarray to be punished or held back because others are in financial mess.
The FA, for me are useless, looking after those with the most while also looking to slam shut the limited window of opportunity on those with the least. Society is in a mess now but competing companies in other industries do not have interventionis restrictions applied. There aren't wage caps in the advertising industry for example, to ensure all similar sized companies are kept the same size.
Football may need it's own 'carillion' before clubs are run properly. We need a fair financial playing field as it is in other business and industries. Clubs should adapt and change according to the circumstances, those that can't or don't will get relegated or worse still.
A league is a meritocracy in practice; best at the top, worst at the bottom. The wage and squad cap is totally the opposite of that.
Some sort of John Rawls style cap is not the answer.
arsene wengers coat wrote:Does anybody else feel that this wage cap and squad cap is some kind of post-capitalist retrospective intervention that should be binned off asap.
It's ok for the premier League clubs to be bank rolled by Saudis with £billions, but because L1&2 clubs aren't bank rolled we have to have to all be subjected to Draconian punitive measures a across the board. What we have is an opportunity for betterment whipped from underneath us because we're not bankrolled, while the bankrolling gaps in the premier League remain massive, uncontrolled and growing.
It's like a proposal to keep clubs that are down and out, down and out.
The FA, for me, are useless, looking after those with the most while also looking to slam shut the limited window of opportunity on those with the least. We need self governance because the FA certainly aren't fit to do it. Clubs should cut their budgets accordingly and if that means there is some reordering in the league then so be it. It's only when there is a real existential threat that businesses (and clubs) will run sustainably. If clubs keep getting bailed out time and again, they won't change, knowing that they will always be bailed out. What the cap will do is reduce the gap between the worst and the best in L1&2 unfairly, while simultaneously widening the gap between L1&2 and the Championship. Financial crisis of 2008 ring any bells?
I don't want clubs to fold, but I also don't want clubs that are not in financial disarray to be punished or held back because others are in financial mess.
Society is in a mess now but competing companies in other industries do not have interventionist restrictions applied. There aren't wage caps in the advertising industry for example, to ensure all similar sized companies are kept the same size.
Football may need it's own 'carillion' before clubs are run properly. We need a fair financial playing field as it is in other business and industries. Clubs should adapt and change according to the circumstances. Plan for the future, be resilient and dynamic dont rely on handouts and bailouts. Those that can't or don't will and should get relegated or worse still. But that's life I'm afraid.
We do need to protect the integrity of our league, but holding back Sunderland because Rochdale can't pay it's bills is not the way. A league is a meritocracy in practice; best at the top, worst at the bottom. The wage and squad cap is totally the opposite of that.
Some sort of John Rawls style cap is not the answer.
garlic wrote:arsene wengers coat wrote:Does anybody else feel that this wage cap and squad cap is some kind of post-capitalist retrospective intervention that should be binned off asap.
It's ok for the premier League clubs to be bank rolled by Saudis with £billions, but because L1&2 clubs aren't bank rolled we have to have to all be subjected to Draconian punitive measures a across the board. What we have is an opportunity for betterment whipped from underneath us because we're not bankrolled, while the bankrolling gaps in the premier League remain massive, uncontrolled and growing.
It's like a proposal to keep clubs that are down and out, down and out.
The FA, for me, are useless, looking after those with the most while also looking to slam shut the limited window of opportunity on those with the least. We need self governance because the FA certainly aren't fit to do it. Clubs should cut their budgets accordingly and if that means there is some reordering in the league then so be it. It's only when there is a real existential threat that businesses (and clubs) will run sustainably. If clubs keep getting bailed out time and again, they won't change, knowing that they will always be bailed out. What the cap will do is reduce the gap between the worst and the best in L1&2 unfairly, while simultaneously widening the gap between L1&2 and the Championship. Financial crisis of 2008 ring any bells?
I don't want clubs to fold, but I also don't want clubs that are not in financial disarray to be punished or held back because others are in financial mess.
Society is in a mess now but competing companies in other industries do not have interventionist restrictions applied. There aren't wage caps in the advertising industry for example, to ensure all similar sized companies are kept the same size.
Football may need it's own 'carillion' before clubs are run properly. We need a fair financial playing field as it is in other business and industries. Clubs should adapt and change according to the circumstances. Plan for the future, be resilient and dynamic dont rely on handouts and bailouts. Those that can't or don't will and should get relegated or worse still. But that's life I'm afraid.
We do need to protect the integrity of our league, but holding back Sunderland because Rochdale can't pay it's bills is not the way. A league is a meritocracy in practice; best at the top, worst at the bottom. The wage and squad cap is totally the opposite of that.
Some sort of John Rawls style cap is not the answer.
I get the gist of your argument but fail to understand why the Premier League shouldnt also face a salary cap? Personally, I think the way forward is to close the funding of clubs through the tax loophole, so all external funding, loans, gifts,etc should be in the form of bought shares so there is no debt and there is no incentive to pile debt onto a football club. The next step of course is to have a fixed debt to income ratio, which would apply to all clubs, even the Premier League so that current debt levels must be reduced to that ratio before any more income is spent.
MTFCMusings wrote:
part time pete wrote:MTFCMusings wrote:
Dan wrote:https://www.bbc.co.uk/sport/football/55997868
The English Football League's plans for salary caps in Leagues One and Two have been withdrawn following a decision by an independent arbitration panel.
Third tier clubs would have been given a £2.5m ceiling for salaries and fourth tier sides £1.25m under the proposals.
But a claim by the Professional Footballers' Association that the caps were "unlawful and unenforceable" was upheld by the panel.
EFL clubs will now discuss the situation at meetings later this week.
The panel ruled that by introducing a cap the league was in breach of the constitution of the Professional Football Negotiating and Consultative Committee, which includes representatives of the PFA, the EFL, the Premier League and the Football Association.
"Like everyone involved in football, the PFA wants to see sustainable clubs at all levels. We also recognise the huge economic pressure that clubs have come under due to the Covid-19 crisis," the players' union said in a statement.
"The PFA believes it is now in the best interest of the leagues, the clubs, and the players to work together and agree on rules that promote financial stability."
Wages, bonuses, taxes and image rights, plus agents' and other relevant fees, were to have been included within the cap, but bonuses gained from promotion or progression in cups would have been exempt.
Fines would have been imposed on any clubs who exceeded the cap for their division.
Speaking following last August's vote, EFL chief executive David Baldwin said: "The term 'salary cap' is an emotive one, creating the impression of a restrictive measure but we are clear in our view that this is neither the objective nor the likely effect of these changes to EFL regulations."
He added that the measure was intended to "help ensure clubs cannot extend themselves to the point that could cause financial instability".
As a result of the panel's verdict, the Salary Cost Management Protocol (SCMP) regulations that were in place during the 2019-20 season and link "player-related expenditure to turnover", have been reinstated by the EFL.
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