Yes, exactly. However, there is room for a degree of creativity with player contracts. I mentioned in another thread that a pro club up here in the north-west has signed a player or players with a clause attached linked to official start of the season. That is, the player/s have signed a contract to play for the club but accepting that it will not kick-in (for payment of wages) until shortly before the actual season starts. That is a way forward, especially for lower league clubs and the reward for compromise is, for the player, he gets the security of knowing he will be employed when the season starts and for the club, the security of knowing that should the season start be deferred many months ahead, the club`s player contracts will not bankrupt them.
So where does this leave us?
- Thread starter HarrowGill
- Start date
Not sure whether it`s this Wednesday, or put back to next Thursday (6th Aug) , but there should soon be some more news and a vote on Salary Caps. Apparently the sums being considered are a £2.5m max for L1; £1.5m max (up from 1.25) for L2; £900K for National League and £600K for the next tier down of NL. Seems the Caps could commence 2021/22 on a sliding scale, in order to cover multi-year contracts.
Example given - for a team salary over the max cap - a player on, say, £2K a week in 2021/22 could count as £1K a week for that season`s cap, sliding down to fit the cap from 2022/23.
Talks originally agreed that the overall salary cap would include all agents` fees and player bonuses. That remains to be sorted.
Not sure how accurate the above is but feel that it`s probably fairly close to reality.
Example given - for a team salary over the max cap - a player on, say, £2K a week in 2021/22 could count as £1K a week for that season`s cap, sliding down to fit the cap from 2022/23.
Talks originally agreed that the overall salary cap would include all agents` fees and player bonuses. That remains to be sorted.
Not sure how accurate the above is but feel that it`s probably fairly close to reality.
Salary cap suggestions sound practical but I don't expect the premiership to follow suit. Individual clubs and players may well adapt to a new reality, in which only the very top players attract mega money however. As far as Leagues One & Two are concerned I think we will almost certainly need support from the big boys and from the TV companies in the near term. The price for that help? Salary caps because they won't be able to sell an aid package to fund stupid pay structures.
A snippet from Rochdale shows that plans are underway for reduced attendances (below their current average) so presumably similar plans received by Gills
Be nice for Gills to provide an update on our plans.
https://www.rochdaleafc.co.uk/news/2020/july/dbupdate_240720/
Be nice for Gills to provide an update on our plans.
https://www.rochdaleafc.co.uk/news/2020/july/dbupdate_240720/
Taken from the press release -
When calculating total salary spending, the ‘cap’ includes:
· Basic Wages;
· Taxes;
· Bonuses;
· Image rights;
· Agents’ fees and;
· Other fees and expenses paid directly or indirectly to all registered players.
Payments directly linked to a Club’s progression in cup competitions or promotion are excluded from the Cap, while any income generated from players going out on loan is deducted from the Club’s Salary Cap calculation.
When calculating total salary spending, the ‘cap’ includes:
· Basic Wages;
· Taxes;
· Bonuses;
· Image rights;
· Agents’ fees and;
· Other fees and expenses paid directly or indirectly to all registered players.
Payments directly linked to a Club’s progression in cup competitions or promotion are excluded from the Cap, while any income generated from players going out on loan is deducted from the Club’s Salary Cap calculation.
The gap between Championship and League one will become even bigger, it needed to be across all four divisions but that is very unlikely to happen and I can see contracts for new players having a reduced wages clause inserted in case of relegation.
A club relegated from the Championship will have to cut wages from a good few thousand pounds a week to one thousand, that will go down well with the players.
A club relegated from the Championship will have to cut wages from a good few thousand pounds a week to one thousand, that will go down well with the players.
