OK then, explain why my conclusions were bollocks. You don't think it will be of benefit to clubs demoted from the PL to the detriment of those trying to get promoted? So, what is your take on it? Someone else brought standing into the thread, I just responded to them on the subject.
Always the same aren’t you. The point you make in the title of the thread isn’t related at all to your first post. All leagues in the EFL have similar rules on wage caps. The fact, yes fact, is that it isn’t the PL clubs taking one step further away from the EFL, it is a fact that this gives EFL clubs a chance to compete with the clubs that are relegated from the PL. Provisions have been made throughout the leagues for player contracts already in place.
So, how does restricting a club to spending £18 million give them a chance to compete with clubs relegated from the PL who can keep players earning 2, 5 9r even 8 or 10 million a year by writing them down as being on £720,000 a year? The fact you said fact and repeated does not make what you are saying correct though, of course, you will think it does.
You posed a question. "Another step towards making the PL a closed shop?" Note, the question mark. You then posted that the last paragraph in the article contained the giveaway. The short answer to the question is "No, this isn't another step towards making the PL a closed shop". It is actually the opposite according to the full article, it is a means to level out and cap the spending on wages in the EFL. It is a means to enable clubs to compete. That is why it has the backing of the EFL clubs. Clubs can pay more than the cap, but if they then get promoted the penalties kick in.
The fact that money in football is still being thrown round like water means, the people throwing the money round don’t realise that the days of huge wages & transfer fees are about to be completely finished. Those that continue to throw the money round, will soon realise this, those that have been a bit more astute, will benefit. I saw an article today about Lille, who are struggling with money, so they’re planning on selling a “top” player for £60 million. It may have been Euros, but it’s still a load of cash. Either way, if clubs keep spending this sort of money, someone’s going to get screwed.
For it to be fair, either there's a wage cap across all divisions, including the Premier League, or none at all. The EFL introducing wage caps whilst Premier League clubs can spend money carte blanche will effectively make the Premier League a cartel.
The PL is effectively the only U.K. league that has clubs that can afford the big wages and is a natural cartel. That happens in every professional sport, from F1 to RL. These moves do not stop EFL clubs paying higher wages. The game needs wage reform and these steps should be welcomed.
Well, it quite clearly does. They've put a number on it. £18 million a year in the Championship, £2.5 million for League 1 and £1.5 million for League 2. If they were serious about wage reform, they'd implement caps in the Premier League too.