Salary Cap / Luxury Tax

[Bruce Wayne]

That's as maybe Bruce but, nobody can deny we've wasted a third world debt due to no coherent strategy, an interfering owner with super agents friends, crazy wages and no fall-back safety net of an ever-expanding and increasing stable of corporate partners. sponsors, advertisers etc etc

When we think Moshiri has probably spent about £500 million on players alone, it's hard to think of any club wasting money quite so badly as we have as we're generally no better off than when we had a pot to pee in under Kenright.

 

[AndyC]

When we think Moshiri has probably spent about £500 million on players alone, it's hard to think of any club wasting money quite so badly as we have as we're generally no better off than when we had a pot to pee in under Kenright.

when we didn't have a pot to pee in under Kenwright I think you mean mate

 

[Bedfordblue]

Pity they can just enforce owners to put aside a load of cash (relative to debt) to ensure there’s fund to run the each club while players are sold off, should they struggle to pay wages / debts etc. Ie mosh might have to put £100m in holding with the FA so if things do got south the club can run under a ‘funded administration’ while players are sold off etc
No doubt there’s a flaw to such a simple scheme but if FFP is to prevent clubs going to the wall it sounds straightforward to do something like that which doesn’t prevent benevolent billionaires spend what they want (with a parachute if things go bad)

 

[Tipp blue]

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.

If we want consistant success then we have to throw big money around.. big money has to be thrown around properly.. we got in Gilfi, Klassen and Rooney in the same window, they all play in the same position and cost 60+ million. Massive difference between spending big and blatantly waisting money. Our scouting set up has been, atrocious players that don't fit being bought and shoehorned into the side, because he has to play he cost 43 million.

 

[Eggsyblueskin]

Then we need a board that can 'work the problem' and massively improve our commercial side of the club out of all recognition to the largely 'reliant upon USM' state we're currently in.

I suppose what we’re talking of here is raising the ‘profile’ of the club to attract more money.
Unfortunately the irony is that the only real way to achieve this is by sustained success which, of course, requires large sums of money to procure in the current climate.
We have to square the circle, somehow.

 

[roydo]

I suppose what we’re talking of here is raising the ‘profile’ of the club to attract more money.
Unfortunately the irony is that the only real way to achieve this is by sustained success which, of course, requires large sums of money to procure in the current climate.
We have to square the circle, somehow.

We have the second most "followed" global PL player in the world on our books. What did we do? A few billboards in Miami and Times Square. Thats a start, but we had similar when Tim Howard was phoned by Bill Clinton or Barrack Obhama after a WC.

It needs to change.

 

[ForeverBlue92]

I suppose what we’re talking of here is raising the ‘profile’ of the club to attract more money.
Unfortunately the irony is that the only real way to achieve this is by sustained success which, of course, requires large sums of money to procure in the current climate.
We have to square the circle, somehow.

The only way to attract glory hunting fans and legit sponserships is via sustained success - Leicester have smaller sponsers than us despite winning a league title and FA Cup.

One off success / a few marketable players like James does little to nothing long term when fans in Asia/America want to support a club than consistently wins things.

Ultimately to do that you need to spend big money but obviously spend it wisely which we haven't over the years.

We have the right owner imo to do that considering the outlay he has put forwaed / the BMD plans which we could have gone with an easier/cheaper option on a generic brownfield site elswhere rather than a heritage site.

As @davek mentioned earlier the issue has been a demanding fanbase / cycle of hiring and firing average managers and needing to start over from scratch.

We have to stick with Benitez for the next few seasons and get the recruitment right. Doing that will see us pushing in the right direction in addition to BMD etc.

 

[AndyC]

The snide clubs will still find a way to bend the rules.

Which is why if, and it's a huge if, a wage cap were to be considered, an awful lot of serious thought and planning would need to go into it.
There's a myriad of ways to 'get around' a wage cap if it's not properly thought through and clearly determined.

 

[Bruce Wayne]

when we didn't have a pot to pee in under Kenwright I think you mean mate

Yeah, that too.

 

[lancs blue]

Football is a game in more ways than one. We don't have a board with the skills or brains to play it hard. We have a fluffy board. Just need Delia Smith to complete the line up....

 

[PaddyJames]

Which is why if, and it's a huge if, a wage cap were to be considered, an awful lot of serious thought and planning would need to go into it.
There's a myriad of ways to 'get around' a wage cap if it's not properly thought through and clearly determined.

Clubs sponsored by nike for example wouldn't have problems getting salaries 'topped up'. They could get around it in all sorts of ways.

 

[PaddyJames]

Football is a game in more ways than one. We don't have a board with the skills or brains to play it hard. We have a fluffy board. Just need Delia Smith to complete the line up....

Hundreds of them down Mathew St on a weekend night mate

 

[NathDogg]

If it's still linked to revenues then it's another fit up to stop the new-money clubs going anywhere, and the snakes clubs will carry on regardless. Let them all go to the ESL closed shop borefest - we might get our game back.

This was supposed to be such a bad time for the snakes and all football clubs due to revenue falling due to the pandemic, and they all still spent over a billion quid - it's a joke. Madrid going for mbappe was bodering on the criminal tbh.

A true luxury tax would be better for the new money clubs - they could just pay it.

Few things I would do to change things:

Salary cap for players - agreed cap across clubs & international leagues.
Transfer bid cap - £50 mill should be high enough - still sounds disgustingly high to me.
Club Squad size limit or penalty/tax If broken - stop clubs like Chelsea hoovering up and hoarding players (they would prob just pay fines tho).
Put in a proper home grown/academy player rule - minimum of 5 players from the clubs actual academy in the match day squads - not "homegrown" players bought in for example - the academies would have to earn their keep by properly developing and giving young players a chance, and bums like unsworth would be out of work in a minute.
Shoot all agents.

 

[Tramps_mate]

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?

I think clubs should be allowed to spend whatever they like..

 

[blulouie]

The snide clubs will still find a way to bend the rules.

The snide clubs will only agree to it if it keeps the status quo.