But that's no worse than the situation now surely. The Championship is losing hundreds of millions £ a year as are the other two leagues only not in the same amounts. The new proposals put in hard salary caps, for instance, to try to stop any overspending. What do you know that they all don't?
The EFL teams need the money, by dripping a bit down the top PL teams will gain control of them. Eventually the PL will "own" the EFL then they have complete control of our football (FA excepted).
I said earlier that turkeys don't vote for Christmas but I was thinking about the other PL clubs. It's a different situation for the other leagues ..... I'm guessing.
And you think the likes of Man City and Chelsea would back something like that? As you said, it's the voting rights that are the issue.
They didn't take it mate, desperate clubs gave it to them Agents work for players to get them the best move and contract, players should pay them end of.
So it's fraud. Club accountants and CEOs should be put in jail and teams should be docked 10 points for each payment to an agent.
You’ve missed the point. Most top players pay their agents a %age of their total income. As most of their income is via PAYE then they’d be paying their agent from their net pay after tax. So deals are done for the club to pay the agent his slice of the players income with the player taking less salary pro rata.
Of course they do. But if players pay agents, it would be taxed twice; once when paid to the player, and again when paid to the agent. Instead, player and club do a deal that see's the club pay the agent fee direct, aka taxed once.
It’s as broad as it’s long really, as their net cost is the same, they’re just paying up front rather than over the course of the players contract. Unless they agreed to pay a chunk of it yearly during the contract, then it’d be cash flow neutral as well.
This is true, but I’d expect a canny agent to factor a good chunk of that 13.8% into the calculation.
The hard salary caps are for the lower leagues not the PL. It's to stop them spending beyond their means given that some are spending more on wages than their entire turnover. All the financial rescue and help packages make sense. These should be pushed through without the need for the authors of the Project to want anything in return. Having said that, it's almost criminal that the football authorities have let the situation get to what it is in the EFL. It shouldn't need the owners of their two biggest clubs to come up with a plan to help save the football family, but it has. The shine is taken off by the proposals for greater voting power.
How can the PL insist on a salary cap for the EFL - for its own good. When the vast majority of the PL operates at a loss despite the billions flowing into the PL, as they’re paying players ludicrous sums of money and kings ransoms in transfer fees that’s grown in line with the TV revenue increases? As for the 2 American owners coming up with a plan to save football, oh please, they really haven’t.
I've just had my windows cleaned. Isn't that the same deal? (If the self-employed window cleaner ever gets around to declaring his true income).