Salary cap voted in

League 1 and 2 clubs have voted for the salary cap. That has to be good news for GTFC and not so good for those paying over the odds and bankrolling clubs without the fanbase to sustain it. Mentioning no names!

It's not about whether it favours us or not.  It's about giving everyone the best chance of surviving the coming season without having to sacrifice competitiveness to teams that can continue to spend normally.

There will be controversies but this is the fairest way to financially organise the lower leagues right now.

Agreed. If it doesn’t favour us it certainly doesn’t handicap us, and, although not perfect, is as close to a level playing field as we can get in these weird times.

Quoted from Mandy Dunnit vs Hettie

League 1 and 2 clubs have voted for the salary cap. That has to be good news for GTFC and not so good for those paying over the odds and bankrolling clubs without the fanbase to sustain it. Mentioning no names!

Sorry, but you have that totally wrong. It is fantastic for the clubs with limited means and are bankrolled as the bigger clubs are restricted and it will cost less to match them.

Expect the PFA to make their move now. Expect a vote on industrial action shortly.

For reference, our total wage bill (all staff, including pensions) for the 18/19 season was £2.77m.  I will assume that the vast majority of that goes to playing staff.

The cap is set at £1.5m, which means our wage budget could be reduced by up to 45%.

I don't quite get the bit about what happens on relegation - it says "moving forwards, Clubs that are relegated will be permitted to cap all contracts at the divisional average prior to the Club’s relegation until those contracts expire"

Does that mean that if next season 3 clubs come down from L1 into L2, if they have players on 2/3 yr contracts + then they are still set at the £2.5m cap?

I might be totally wrong but doesn't that make it anything but a fair playing field given the gulf in the wage caps between divisions?

Do you end up with a group of teams that are the serial promotion/relegation teams between L1 and L2 in that case?

Quoted from m4riners

I don't quite get the bit about what happens on relegation - it says "moving forwards, Clubs that are relegated will be permitted to cap all contracts at the divisional average prior to the Club’s relegation until those contracts expire"

Does that mean that if next season 3 clubs come down from L1 into L2, if they have players on 2/3 yr contracts + then they are still set at the £2.5m cap?

I might be totally wrong but doesn't that make it anything but a fair playing field given the gulf in the wage caps between divisions?

Do you end up with a group of teams that are the serial promotion/relegation teams between L1 and L2 in that case?

I read that if a team comes down with players 1 year into a 3 year deal then they operate at the higher wage cap until those players are no longer on that contract which could be 2 full seasons. It should be effective immediately on relegation and players should have wage reductions written into their contract. Without that, you end up with Jack Rodwell playing reserve team football in League 1 for £70k per week.

What about existing contracts?

Quoted from Abdul19

What about existing contracts?

[img]https://cdn.discordapp.com/attachments/350240367989227522/741288847203237928/Annotation_2020-08-07_143631.jpg[/img]

I might be wrong with a few assumptions and calculations here but I’m guessing that the budget applies to a playing squad. Working it out on an inflated squad of 24 players that would be just over £1,200 a week per player, which when you consider a good number of those at this level will be youngsters on around £300-£400 a week that leaves a lot of room for clubs to spend big on quite a lot of others? Again unless I’ve got it completely wrong.