EFL Salary Cap abolished


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Not the Top 20 Pod posting on Twitter that there are rumors that the salary cap may be overturned.

Hope to god this is true. Yes clubs need to be sustainable in this division but a flat cap is not the way to go. There is no reason a club our size should be limited to the same cap as clubs like Accrington Stanley for example who pull in significantly less revenue per season.

The cap well and truly screwed us over this January and may well be one of the factors In us not going up at the end of this season.
I think shite recruitment during our first two years at this level is the main factor. Salary cap probably prevented us signing more crap.
 
I think shite recruitment during our first two years at this level is the main factor. Salary cap probably prevented us signing more crap.
For the first 2 years yes I agree. This you though, we did sign the one and only Danny Graham. Salary cap didn’t help us in that case.
 
don't know if its been posted

BBC : source


The English Football League's plans for salary caps in Leagues One and Two have been withdrawn following a decision by an independent arbitration panel.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.
 
Can imagine clubs will be furious missing out on targets due to this shambolic restriction that has been rightly scrapped.

The former Blackpool striker who went to Hearts on a free springs to mind. I’m sure half the league would’ve been interested
Scott Fraser is one that springs to mind for me. We were heavily linked and then he went to MK late in the transfer window.
 
Massive news for us as we can now start in earnest talking to the players we may want to keep who are nearing the end of their contracts i.e. O'Nien, Hume, Diamond, Willis etc.
 
Far from surprised this has happened a week after the window closed. They got what they wanted, a re-set for the little clubs in this league while the pandemic hit their already meager revenue streams.

It has hamstrung us plenty, no excuses for not getting those new deals sorted now though.
 
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