Maybe a bit off topic but does anyone have a link where I can read up about salary cap stuff?
I’m just thinking about Bowyers comments the other day about clubs who got players in before the cap.
So what, those salaries don’t count towards the 2.5m? If wage is already above 2.5m they can’t sign anymore players without letting others go?
The contributions of those salaries towards the wage bill are taken at the average of £2k a week.
Sorry a little lost here
So if Pearce is on £4k per week, because he signed the deal before the cap came into force, it means the Cap sees him as on the £2k p/w average?
Good point. Also just seen from Price Of Football twitter account that EFL have beefed up their powers to check clubs are sticking to this. But when a lot of it seems to fall into grey areas, aren’t they just asking for trouble?
Maybe a bit off topic but does anyone have a link where I can read up about salary cap stuff?
I’m just thinking about Bowyers comments the other day about clubs who got players in before the cap.
So what, those salaries don’t count towards the 2.5m? If wage is already above 2.5m they can’t sign anymore players without letting others go?
You can go 5% over the £2.5m cap I believe and then over that there are penalties. If I were an owner I wouldn't bother about the cap & fight it in court a couple of years down the line ala Sheff Wed. Complete and utter nonsense that the lower league clubs who get less than 5k crowds (when you were actually allowed to go & watch a game) can dictate what bigger clubs can spend. By all means have a salary cap but it should all be down to revenue. Look at the size of Accrington compared to Sunderland. Why should Sunderland be capped in what they pay their players when they probably bring in 5 x the revenue. And teams like us in London have the cost of housing to think of. I used to get London weighting when I worked for a bank.......and that was almost 40 years ago....!
The £1,300 is a short term efl limit during an embargo. Why, when out of an embargo, why would we only be offering £2k per week?
The £2.5m salary cap in League 1.
I thought it was total per squad couldn’t exceed £2.5m, not a maximum per player. We can pay one player 2.3m if we want and all the rest 0.2 between them.
Players like Maddison need to drop their expectations but there isn’t a 2k limit
It’s not completely clear but you’re unlikely to get many clubs offering a player say £5k a week because if you want a balanced squad it means having a much smaller budget for another position in the squad.
You can get round it by signing u21 as they aren’t counted, but sign too many and that comes with its own risks.
I'm fairly certain clubs can still offer players contracts that exceed the wage cap, but they'll then be subject to a 200% penalty on every £ above £2.5m. So if a L1 club ends up with a wage bill (+bonuses and agents fees) of £3m, they'll actually have to shell out £4m.
It wouldn't surprise me if a few clubs end up willingly exceeding the cap on this basis, especially those that are confident of a return to the Championship. I'm sure there are clubs whose % drop in wage bill from the 19/20 season to the 20/21 L1 salary cap will be larger than their % drop in revenue and so would be willing to stomach the fine.
Me neither but then again,its more than hes on at the moment!
The closer it gets to the deadline, the more likely Maddison will be to take 2k a week or whatever a league one club is offering. As the alternative is sitting on his arse earning nothing for a few months.
Yes he might well decide to stick it out given the January window isn't far away, but there's no guarantees he's going to get a better deal then either.
Personally i still think he'll end up at Sunderland as he's from the north east.
Me neither but then again,its more than hes on at the moment!
The closer it gets to the deadline, the more likely Maddison will be to take 2k a week or whatever a league one club is offering. As the alternative is sitting on his arse earning nothing for a few months.
Yes he might well decide to stick it out given the January window isn't far away, but there's no guarantees he's going to get a better deal then either.
Personally i still think he'll end up at Sunderland as he's from the north east.
Doesnt have to worry about the deadline though does he as he's a free transfer
Can wait as long as he wants and even see if an injury crisis makes a club desperate for his demands
Me neither but then again,its more than hes on at the moment!
The closer it gets to the deadline, the more likely Maddison will be to take 2k a week or whatever a league one club is offering. As the alternative is sitting on his arse earning nothing for a few months.
Yes he might well decide to stick it out given the January window isn't far away, but there's no guarantees he's going to get a better deal then either.
Personally i still think he'll end up at Sunderland as he's from the north east.
Also he is a Sunderland fan apparently.
He is a player I would take in L1 but not the Championship.
Whilst Watson would obviously be a superb signing at this level, when you see our bench yesterday had Williams, Oztumer, Levitt and Morgan, midfield is hardly an area we need to strengthen right now.
Priority surely has to be a right back and probably two centre backs.
Comments
So if Pearce is on £4k per week, because he signed the deal before the cap came into force, it means the Cap sees him as on the £2k p/w average?
The best Contract we can then offer Pearce has to be lower than what he's on now to stay below that cap
I'm also not sure what happens if there is no clause but we want to offer him a contract extension.
You can get round it by signing u21 as they aren’t counted, but sign too many and that comes with its own risks.
It wouldn't surprise me if a few clubs end up willingly exceeding the cap on this basis, especially those that are confident of a return to the Championship. I'm sure there are clubs whose % drop in wage bill from the 19/20 season to the 20/21 L1 salary cap will be larger than their % drop in revenue and so would be willing to stomach the fine.
Yes he might well decide to stick it out given the January window isn't far away, but there's no guarantees he's going to get a better deal then either.
Personally i still think he'll end up at Sunderland as he's from the north east.
Can wait as long as he wants and even see if an injury crisis makes a club desperate for his demands
He is a player I would take in L1 but not the Championship.
Not fussed about Maddison too much
Priority surely has to be a right back and probably two centre backs.
Iirc he moved last year for family reasons, so I don't think he would join us.