Pope John XXIII
Vital Football Legend
I think that is very fair in year one and extremely unfair every year after in regard to clubs coming down from the PL. Existing championship clubs will start season close to their limit while relegated sides will effectively be given a passI was told that all clubs will get dispensation for existing contracts - All contracts above 10k per week will be set at a nominal 10k per week, with all new contracts counting at their full value towards the cap.
That is the only way they can implement the cap immediately; they expect the situation to level out within three years
I would hope PL contracts would count for a % of their true value rather than just as 10k. Otherwise those clubs have a huge incentive and scope to splurge.
As would a wealthy L1 club having had a £2.5m wage cap