League One and League Two clubs join forces to urge EFL to ntroduce salary caps | Daily Mail Online
A synopsis:
- EFL clubs are struggling to make ends meet due to the coronavirus pandemic
- Clubs from League One and League Two have been holding remote meetings
- John Radford, the chairman of Mansfield Town, has taken the lead on discussions
- A group of 34 clubs have written to the EFL to suggest a salary cap be introduced
That's a can of worms the government will not want to open in any way, shape or form. You bring in salary caps for football who's to stop them arguing "bring one in for bankers" or "bring one in for executives" etc. If not you're just picking on footballers (who in my opinion are overpaid). You'd probably see a few go abroad if they could earn more over there.The EU regulations have been mentioned but given that we're one of the more rabid free-market exponents within Europe I can't see us being the ones to go against it (even though I know it exists in US sports)
It'd be interesting undoubtedly - evening the league out so it'd be based on how good your scouting/recruitment is. But if it's just on individual salaries you could employ a hundred players on the max salary and still be fucked financially
If you bring in a league salary cap you'll get those who have higher revenue from crowds complain they're being put at a disadvantage as they can't use that. Or on the other hand those clubs make higher profits and the executives pay themselves hefty bonuses for a job well done, which isn't going to please the players. Plus they'll be looking for ways to get around it (i.e. give them separate contracts for image rights, community work off the pitch etc). Again, this could be interesting as to recruitment - can you get a decent squad on lesser wages individually or go for a small squad of high earners and risk injuries/suspensions?
I think the percentage of income thing is probably about the right way to go about it, but it could be more stringently enforced and player contracts more 'performance' based. i.e. basic wage for all based on known income like TV money then end of season bonuses based on gate revenues, prize money etc divided among the squad based on playing time.