Talk that a vote on potentially introducing a salary cap for the 2021-22 season in the championship is to be done in March.
This would replace the current FFP rules and would mean that -:
Teams who breach the salary cap would face the following -:
Thoughts on these proposals? I personally believe its a vast improvement on the FFP rules which have been a total disaster for the league.
This would replace the current FFP rules and would mean that -:
- A salary cap of £18m per season.
- Under 21 players would not count towards the cap.
- Promotion Bonuses would not be included as part of the cap.
- The cap would include agent fees, loyality fees, image rights, taxes, loan fees and other expenses directly paid to registered players.
- For teams who have been relegated from the Premier League; players who earn more than £720,000 per year, a divisional average which is calculated by doing £18m/25. would be able to register players at £720,000 and would be able to extend player contracts at existing levels of pay if they have less than 18 months left on their contract and the club are in reciept of parachute payments.
Teams who breach the salary cap would face the following -:
- There would be an "overrun tax" so teams would have to pay £3 for every £1 over the £18m mark, which would be placed into a fund to be shared with the other teams in the league who have complied with the cap.
- Teams who breach the cap by less than 20% would face a fine.
- Teams who breach the cap by more than 20% would face a points deduction.
Thoughts on these proposals? I personally believe its a vast improvement on the FFP rules which have been a total disaster for the league.
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