So where does this leave us? | Page 7 | Vital Football

So where does this leave us?

LancsGordoRoad

Vital 1st Team Regular
There’s nothing new there, Evans has been saying the same weekly in his chats to the media team. Until we get a start date we can’t move forward. Other clubs with more stable finances can though, so 2 of them have signed 2 of our players already.
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.
 

LancsGordoRoad

Vital 1st Team Regular
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.
 

LancsGordoRoad

Vital 1st Team Regular
Good to hear, but really we need the Prem and Championship to follow suit.
Yes, you`re right there. Suspect that the Championship will follow suit at some time but there may well be resistance to losing, or reducing, parachute payments. Premiership seems to be a law unto itself, they`ll take a lot of convincing !
 

jogills

Vital 1st Team Regular
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.
 

chris who

Vital Football Hero
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/
Their capacity is about 10,200 and average attendance is about 3,500 so judging on this article we are probably looking at a reduced capacity of less that 3,800 approximately.
 

LancsGordoRoad

Vital 1st Team Regular
Salary caps will only work if applied throughout the EFL, and also the Prem.

However, these talks are a big, positive step in thr right direction.

I think you`re right, in the Long term the Premier will have to join in ! In the interim though, and that could be several years, the EFL needs to make a good job of the process - won`t be easy. I believe it`s the right way to go.
 

OneSirKeefy

Vital 1st Team Regular
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.
 

LancsGordoRoad

Vital 1st Team Regular
"Taking effect immediately" - wow, wasn`t expecting that. There was a rumour that Pompey got Sean Raggett in on the hurry-up due to a concern about instant capping - maybe that was correct.
 

LancsGordoRoad

Vital 1st Team Regular
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.

Really pleased about the agent fees - leeches, a lot of them.
 

OneSirKeefy

Vital 1st Team Regular
If they leave the Championship as it is then any team promoted from League one in future will face a massive hurdle in terms of players wages.
You’d like to think that any team promoted would not have “broke the bank” to get there and so would be in a better financial position. Thus able to offer bigger wages to better players the following season (with the increased cap, crowds and TV money etc in the champ)
 
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.