tangysider
Well-known member
Voted in L1 and L2
Clubs exceeding the ‘overrun’ would be referred to an Independent Disciplinary Commission, although the EFL will monitor the Cap on a real-time basis throughout the season as is the current position with SCMP measures across the two divisions. Where breaches do occur, sanction guidelines are in place to be considered as appropriate by an independent Disciplinary Commission.
It takes effect immediately.I'm glad this went through. It's absolutely needed and whilst I don't like measures that apply to the bottom two leagues alone, I'm glad the clubs see the need to control finances. Covid has only exacerbated what already is an issue.
Statement is a bit bare though.
What's the starting date? Is it this season? (I think I know this, there's something about this year being a grace period and player signed before X not counting I think)
What happens if your salary is significantly over budget? What are the punishments? Are they incremental? Are they financial or points based? (Read it again, it says clearly it's financial)
It's very 'EFL' to make it up as they go along regarding sanctions and I'd like to know a bit more about how it's enforced - it would seem to be really important to lay out a very clear set of regulations that can be consistently followed.
How will the EFL know? Will it be retrospective (i.e. when accounts published, which is all a bit ad hoc) or will there be auditing of clubs at various junctures?
Like the fact agents fees included.
It puts the inflated wages in the Premier league in perspective, it would be interesting to see how many Premier league players were paid more than 2.5 million gbp. per annum
It takes effect immediately.
Are there exemptions for the players already in contract? Realistically Sunderland would need to offload most of their squad but how can they do that if they're in contract?
Any player under contract up to and including today is treated as the average divisional wage for the length of contract. Same will apply going forward to relegated teams too.
Ah! Thankyou. Appreciated.
I think it makes getting promotion next season or the one afterwards incredibly important if we want any chance of competing on our return to the Championship. It also makes the fall from the Championship a hell of a trapdoor for those who do get relegated - should Stoke have dropped this season then their huge wages would have been crippling under these new proposals. I can see the Championship clubs going into a bit of a spending frenzy to try avoid relegation come January - which could be a disaster waiting to happen whilst those who are relegated will have fire sales.It’s good, but it also means the gap between the bottom 2 divisions and the championship will grow even bigger. I’d like it in all 4 divisions, but know there no chance of it happening in the premier league and little chance in the championship
It’s good, but it also means the gap between the bottom 2 divisions and the championship will grow even bigger. I’d like it in all 4 divisions, but know there no chance of it happening in the premier league and little chance in the championship
I think it makes getting promotion next season or the one afterwards incredibly important if we want any chance of competing on our return to the Championship. It also makes the fall from the Championship a hell of a trapdoor for those who do get relegated - should Stoke have dropped this season then their huge wages would have been crippling under these new proposals. I can see the Championship clubs going into a bit of a spending frenzy to try avoid relegation come January - which could be a disaster waiting to happen whilst those who are relegated will have fire sales.
This will also make it harder to entice players from the Championship because most will be unwilling to take the necessary pay cut to drop down a division. They'll happily sit on the bench or in the stands for the rest of their contract before losing half their earnings.
It's going to make signing players harder for some clubs - and it's really going to hit the 'big' clubs hardest - particularly those that think relegation isn't a real threat and those who have double relegation's from the Premier League. Can't imagine clubs like Aston Villa for example asking Grealish to sign a 100k p/w contract with a clause saying he'll only be on £2000 should a double relegation happen - more likely relegation release clauses etcSurely clubs will have to start negotiating contracts that take into account the possibility of relegation from now on. I.e. you might be on 15k a week in championship but if we go down, it will be 1k as a standard thing.
Yes and I think the contracts we have done before this will be exempt.Are there exemptions for the players already in contract? Realistically Sunderland would need to offload most of their squad but how can they do that if they're in contract?
It's going to make signing players harder for some clubs - and it's really going to hit the 'big' clubs hardest - particularly those that think relegation isn't a real threat and those who have double relegation's from the Premier League. Can't imagine clubs like Aston Villa for example asking Grealish to sign a 100k p/w contract with a clause saying he'll only be on £2000 should a double relegation happen - more likely relegation release clauses etc
They're not getting one though? I agree one should be put in to place in the Championship, but then the PL would become even more of a closed shop than ever because it would be nigh on impossible to stay up.I'm not so sure that a lot of them won't see a cap as a godsend given the state of their finances.
They're not getting one though? I agree one should be put in to place in the Championship, but then the PL would become even more of a closed shop than ever because it would be nigh on impossible to stay up.
They'll all just keep chasing the dream and most of them will continue to hemorrhage money.
I believe signing on fees are usually spread over the length of contract, so would be included on that basisWhat about signing on fee's is that allowed?
Here's 750k for joining us and your on a two year deal at 250k so basically giving them a near 10k a week.
And will clubs find other ways of finding ways around it here's a house/put wife on payroll etc?
So a way around the cap then?I believe signing on fees are usually spread over the length of contract, so would be included on that basis
Sunderland fans are going mental on Twitter about their "lost advantage".
It's done them a lot of good lately, after all....
It does seem a rather low cap. Like has been mentioned in most points above, the gap to championship will get larger with championship players happy to sit in the stands rather than drop down a league to play.
It does seem unfair to clubs with a larger fan base (and I include us in this category as if we are playing well could easily get +10k crowds in L1). If clubs can get 15k-20k attendances but can only spend say 30% of that revenue on salaries, bonuses etc then where does the rest of the income go.......owners back pockets?
According to their current David Brent-a-like chairman they're not now, although their fans are still entitled wankers.Aren't they in shit loads of debt? Maybe it'll do them good cos if they can pay off their debts to an extent, it will therefore leave them a lot more attractive to decent investment. I know they did some dodgy debt restructuring but I don't think it made the club especially more attractive to the outside world.
The trouble with this though, for Sunderland in particular, is that the extra money generated which can't be spent improving the team will go in the owners pockets.Aren't they in shit loads of debt? Maybe it'll do them good cos if they can pay off their debts to an extent, it will therefore leave them a lot more attractive to decent investment. I know they did some dodgy debt restructuring but I don't think it made the club especially more attractive to the outside world.
Using the roughest of estimates, if Sunderland get gates of 20,000 at £20 a ticket, their gate receipts for the season will be £9.2m. Then there is sponsorship, merchandise sales, etc.
Yet they can only spend £2.5m of that on wages.
I can see why their fans are unhappy about only being able to spend the same amount as those jokers up the road with their 2000 fans.
Fwiw, it's going to impact Pilley quite a lot - not sure where F/wood's budget is, but it's certainly not the lowest by a long shot.
Aren't they in shit loads of debt? Maybe it'll do them good cos if they can pay off their debts to an extent, it will therefore leave them a lot more attractive to decent investment. I know they did some dodgy debt restructuring but I don't think it made the club especially more attractive to the outside world.
The trouble with this though, for Sunderland in particular, is that the extra money generated which can't be spent improving the team will go in the owners pockets.
Karl will be raging at missing out