Salary Cap / Luxury Tax

[Eggsyblueskin]

I am sure most of us are aware UEFA have been devising a new system to replace the increasingly dysfunctional FFP rules.
They will apparently be based upon a salary cap in conjunction with a luxury tax for any breaches and are broadly similar to rules which are applied in other sports.
It is expected they will present their proposals to the national association’s shortly and urge them to also adopt the system.
As supporters do we approve of the current proposals or would we prefer a different approach to tackle the worsening imbalance that exists in our sport?

 

[ForeverBlue92]

Suits us better really.

Allows us to throw big fees at younger players on less wages.

Walcott, Bolasie, Benard, Besic, Baningme, Pennington, Lossl off the wage books last season

James, Siggurdsson, Tosun & Delph off the books end of this season

USM Naming Rights Stadium deal to increase our revenues against the wages

 

[Tipp blue]

Best route for everyone I think... any tax collected is devided equally among other league clubs who didn't over spend.. lifeline for league 2 clubs getting in a lump sum every season. And those who can spend more are allowed to.. great system I think.

 

[kev]

As supporters do we approve of the current proposals or would we prefer a different approach to tackle the worsening imbalance that exists in our sport?

That would be an ecumenical matter

 

[AndyC]

Suits us better really.

Allows us to throw big fees at younger players on less wages.

Walcott, Bolasie, Benard, Besic, Baningme, Pennington, Lossl off the wage books last season

James, Siggurdsson, Tosun & Delph off the books end of this season

USM Naming Rights Stadium deal to increase our revenues against the wages

Throwing more big money around is not what we need to be doing for crying out loud sake.
We’re seeing effects right now of throwing big money in fees and wages.
And any naming rights money will go towards the stadium project.

 

[Neiler]

I am sure most of us are aware UEFA have been devising a new system to replace the increasingly dysfunctional FFP rules.
They will apparently be based upon a salary cap in conjunction with a luxury tax for any breaches and are broadly similar to rules which are applied in other sports.
It is expected they will present their proposals to the national association’s shortly and urge them to also adopt the system.
As supporters do we approve of the current proposals or would we prefer a different approach to tackle the worsening imbalance that exists in our sport?

It will still be unbalanced, the Top six clubs have multiples of our income so will all have bigger budgets, its why European football and BMD are so important. Under the new rules you will be allowed spend 70% of your income on wages, our current wage bill is 79% before this summer.

 

[Terrarian]

Salary cap is well overdue, the powers that be allowed agents into the gamer and they've drove it into the ground with greed and other than a select few clubs it's an extremely uneven playing field these days. Needs sorting definitely.

 

[ForeverBlue92]

Throwing more big money around is not what we need to be doing for crying out loud sake.
We’re seeing effects right now of throwing big money in fees and wages.
And any naming rights money will go towards the stadium project.

But thats hurt us in terms of posting big losses in the current profit and loss system.

Signing a good young player for £30 million on 70k a week wages is miles better than signing a free transfer on £140k a week under the new proposed salary based system.

Naming Rights Deal is also revenue coming into the club though - it doesnt matter what its put towards it still boosts the clubs accounts ultimately same way everton could use the Cazoo shirt sponsership towards paying the catering staff if they wished - its still revenue that boosts the accounts regardless.

 

[Eggsyblueskin]

It will still be unbalanced, the Top six clubs have multiples of our income so will all have bigger budgets, its why European football and BMD are so important. Under the new rules you will be allowed spend 70% of your income on wages, our current wage bill is 79% before this summer.

I tend to agree with this.
While it may be easier to police doesn’t do enough to level the playing field.
A preferable alternative would have been to introduce a rigorously enforced cap on squad size

 

[Brownie]

Conceptually, at least, I think it's much better than the current system.

 

[toffeeblue9]

Still don't agree with it being based on revenues of a club - give it a specific figure you can spend and then get financial commitments from the owners of any clubs who want to spend over 70% of their turnover on wages to ensure they aren't going to be saddled with huge debts

Basing it on revenues is just FFP under a different name

 

[Lord Buckethead]

Pointless. The big teams would only find other way of paying the players.

Besides, why cap the players rewards when the the money they make for the club isn't capped?
All the wealth would go to the big Clubs and they wouldn't be able to spend it.

 

[ForeverBlue92]

It will still be unbalanced, the Top six clubs have multiples of our income so will all have bigger budgets, its why European football and BMD are so important. Under the new rules you will be allowed spend 70% of your income on wages, our current wage bill is 79% before this summer.

It will be umbalanced but its still massively preferable to the current system.

Providing wages are in order and revenues increase at least the owner can actually give the manager a budget to spend - if anything it will likely encourage clubs to start aiming for younger players not yet on massive contracts such as your top club cast offs like Gomes and Delph.

 

[Rudolf Hucker]

Salary cap is well overdue.

It must be 20 years since it was introduced in Rugby League, first in Australia. They had a few clubs trying to get round it, employing WAGS in made up roles etc…. They were deducted points.

I would love to see it in football, but doubt it will ever happen. The rich clubs will fight it & corrupt officials will make sure it never happens.

 

[Davidoff]

Just another pull at the drawbridge - if based on revenue percentages