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In real life, there has been a "salary cap" used in both League 1 & 2 which limits the amount a club can spend on wages to a % of its projected income Post #51
Yeah, I know about the Conference too but I'm having problems proving it.
I've emailed John Nagle at the Football League and asked him to clarify a few things, but haven't had a reply yet. I'm wondering if this was the same source that Si quoted earlier.
11-10-2007, 10:04 AM
In real life, there has been a "salary cap" used in both League 1 & 2 which limits the amount a club can spend on wages to a % of its projected income Post #52
I sent the following email to John Nagle at the Football League ad received the following reply.
Quote:
High John.
I'm interested in finding out some more information on the Leage 2 salary cap, and I seem to be getting a lot of conflicting reports in the media, as to what it actually entails and also who it affects.
Some reports seems to state that it is only League 2 that is affected, and others state that League 1 clubs were added to the agreement a year later.
It also appears that the agreement is itself volountary, and I was wondering are all the clubs in the relevant leagues adhering to this, and are there any systems in place to monitor the situation.
Thanks in advance for your assistance in this matter. I appreciate that you are probably very busy and this is not high on your list of your priorities
Quote:
Thank you for your email, which John Nagle has forwarded on for attention.
Salary Cost Management Protocol limits a club's spending on player salaries to 60% of turnover and on all staff to 75% of turnover. Salary costs included are: salary + bonuses + benefits. Budgetary information iss supplied to The League at the beginning of the season with clubs given the opportunity to revise their forecasts at the midway point.
All League 2 clubs operate this protocol and the clubs have introduced a controlling mechanism that prevents clubs from signing new players unless they can demonstrate that they are staying within the 60% limit.
Clubs in League 1 are able to 'opt-in', whilst Championship clubs have yet to pilot the scheme.
We hope this is helpful and would ask that any further communications are directed to The Football League mailbox - fl@football-league.co.uk rather than individual members of staff.
In real life, there has been a "salary cap" used in both League 1 & 2 which limits the amount a club can spend on wages to a % of its projected income Post #53
In real life, there has been a "salary cap" used in both League 1 & 2 which limits the amount a club can spend on wages to a % of its projected income Post #54
In real life, there has been a "salary cap" used in both League 1 & 2 which limits the amount a club can spend on wages to a % of its projected income Post #55
Originally posted by DJ:
You really called him 'high'?
That was first thing I saw.
As for the relegation episode, wouldn't the parachute payments recieved from getting relegated be enough to keep your best players on high wages for a season or two?
And this would greatly add to the difficulty of dafuge's challenge I feel.
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