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Plans for a Championship Salary Cap.

Discussion in 'Bristol City' started by wizered, May 18, 2020.

  1. wizered

    wizered Ol' Mucker
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    The massive Championship rule change set to impact Bristol City, Leeds United, Nottingham Forest and more
    Clubs will be given 12 months' grace before the new rules reportedly come into place

    Plans for a Championship salary cap are gathering pace but will not be put in place for another 12 months.

    The Mirror report that the idea is being debated by a working party currently wading through the financial wreckage caused by the coronavirus shutdown.

    A salary limit of £15m to £20m is said to be high on the group's agendas, which would see Bristol City and others drastically have to cut their wage bill.

    The Robins' wage bill for the 2018/19 season was £30.6m, which did not even see them rank among the highest spenders in the division.

    Leeds spent £46.2m on wages, whilst Nottingham Forest paid their staff a total of £36.3m.

    Clubs are set to be given a year to get their wages into order, with the working party said to recognise that asking clubs to dramatically trim their wage bill ahead of next season is unrealistic.

    An increased focus on Championship spending due to the coronavirus crisis has shown that clubs, on average, spend more money on wages than they even generate in income.

    For every £1 generated in the Championship, players are receiving £1.06.

    Numbers like that has seen EFL chairman Rick Parry call for a 'proper reset' of Championship football after the coronavirus.

    The average player salary in the second tier is £29,000-per-week, and seen as unsustainable, with several clubs having players who earn over £1m a year.

    Clubs are set to be given 12 months' grace to adjust their wage bills due to the fact that they would likely take huge hits in transfer value should they be forced to sell players in the short term.

    The report quotes one manager as saying: “I’ve been offered a former international striker who is earning £25,000-a-week and told I can have him for £15,000-a-week.

    “I liked the player and might have taken him, but my chairman asked why I would take him at £15,000 when his price might be £10,000-a-week in a month’s time?

    “It’s hard to argue with that.”
    https://www.bristolpost.co.uk/sport.../massive-championship-rule-change-set-4142429
     
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  2. wizered

    wizered Ol' Mucker
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    'The average player salary in the second tier is £29,000-per-week, and seen as unsustainable, with several clubs having players who earn over £1m a year.'

    £29,000 per week equates to £1.508.000 per year, no wonder there is problems...
     
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  3. Red Robin

    Red Robin Well-Known Member

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    Have they only just realised the salaries these guys are earning are unrealistic any other business would go bust.

    Amazed it has taken them this long.
     
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  4. Loathsneyd

    Loathsneyd Well-Known Member

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    Eh? Aren't you the one that keeps telling Lansdown to put his hands in his pockets
     
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  5. robin_unreliant

    robin_unreliant Active Member

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    According to the Sunday Times he's let £370 million slip out a hole in his pocket this year.
    However rich you are that must make you stop and think about economising!
     
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  6. Supcon72

    Supcon72 Well-Known Member

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    Surely we pay more than anyone in fees and salaries in this division, Redprintt said so....
     
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  7. RedorDead

    RedorDead Well-Known Member

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    <laugh><laugh><laugh><laugh>
     
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  8. Angelicnumber16

    Angelicnumber16 Well-Known Member

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    Perhaps the pandemic and it's overall effect on the financial side of football (and all other highly paid sports like F1) is the reality check it needed.
     
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  9. AshtonRed

    AshtonRed Well-Known Member

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    Agreed , at least with F1 the drivers are literally putting their lives on the line every time they step into a car, but I take your point.
     
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  10. Angelicnumber16

    Angelicnumber16 Well-Known Member

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    We all know that the Premiership and the majority of British professional football would collapse without the monies from Sky (predominantly) and BT and the financial challenges faced by clubs could go on for years and I can see smaller clubs going to the wall without some assistance.
    Those in charge at the English FA should be looking at capping salaries and transfer fees right now while they have a prime opportunity.

    It's obscene when countless millions around the world are losing their jobs, homes, and possibly their lives.
     
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  11. Red Alert

    Red Alert Well-Known Member

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    Sounds like some weird socialism. salary caps below what some clubs make!! if you have great players they will leave because somebody tells you you cant pay them what they are worth!!!
     
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  12. johngalleyfan2

    johngalleyfan2 Well-Known Member

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    players are like stocks and shares [ in a way ] you can gain or you can lose.. and also embroiled in this matrix is they are an asset with a shelf life .. so will eventually be [ pretty much ] worthless.

    one of the obscene things about player transfers is agents fee's.... as the tv money goes up so does the agents fee!

    there should be a maximum wage bill of say 65% of the clubs previously declared income from the previous season for their top 22 players

    I cant see how you can put a maximum on a transfer fee unless it is tightly bound with agents fee's, signing on bonus payment cost of transfer to other club.
    one thing they might do is have a fund held in trust by the authorities of say 1-2% of the weekly wage up to £10k a week but nil up to 5k a week 2-3% up to 40k 3 -4% up to 100k and 5% to 250k and 6% over that … eg a player getting 320k would cost the club £1m a year. [ for prem on top 7 earners … champs top 5 … div 1 & 2 … top earner ...below 4 divisions … nil …. money could be used for a number of things. [ used the following year and then frozen ] At end of 3rd year the monies left from year 1 could be redistributed from national league upward 2 ->->-> 12% ….24% ... 24% … 24% … 16% [prem ] [ day of quailifying distribution February 1 ]
    the fund would be available for hardships like now etc etc
     
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    Last edited: May 21, 2020
  13. bcfcredandwhite

    bcfcredandwhite Well-Known Member

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    ...... I blame LJ.......
    I guess ‘Junior’ will have to take a pay cut then - he is after all the highest wage earner we’ve ever had at the club......:evil:
     
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