Is that overall, not just players ,ours shows 83% but was realistically 45-50%.how come nearly all these clubs seem to be breaking the wage
% rules?
apart from that what a mess. Championship even worse financial state. surely can't be sustainable
Why do you say that wingy?Is that overall, not just players ,ours shows 83% but was realistically 45-50%.
Kept tabs on it over the last four or five years fp .Why do you say that wingy?
Without checking his figures I'd assume he's just taking what is listed as wages in each clubs accounts but that includes every employee of the club not just the players. The lower down the leagues you go the more significant it becomes as you could easily have chief execs earning a lot more than most players, not going to happen in the PL.Why do you say that wingy?
Not strictly my angle DaveWithout checking his figures I'd assume he's just taking what is listed as wages in each clubs accounts but that includes every employee of the club not just the players. The lower down the leagues you go the more significant it becomes as you could easily have chief execs earning a lot more than most players, not going to happen in the PL.
Also I'm no Sisu lover or Fisher fan, but as a business you can't spend more than you earn. It's financial suicide. Football has been ruined by money and clubs becoming unstable because of it. We have suffered for that very reason.
We've gone through a lot of pain as fans with our club but I do feel with a better footing than other clubs in the league (we don't have millions to spend on players) but a healthier business model means we can be more sensible. Getting out of L2 and with a bit of momentum it does feel like the club is turning this around.
In Fishers own words, "why would Sisu sell unless the club is on the up?"
Yes but as long as the likes of Bournemouth and Wolves can gamble and get away with it then there will always be some who keep trying. Time for an absolute cap on transfer/wage expenditure by division to keep this contained.
Doubt it. No business should be allowed to damage its employees by gambling with their future. It is not sound business practice to rely on shareholders loans. Been a couple of clubs got in a right mess when owner died and heirs didn't want to carry on and wanted the money back.That’s against EU legislation surely?
That’s against EU legislation surely?
Am I the only one shocked that our wage bill was £4.5 million and we were breaching the SCMP
That’s against EU legislation surely?
wont need to worry about that for too long thenThat’s against EU legislation surely?
It's a bit of a mish-mash. There's a cap but there is an allowance for academy graduates and it seems you can exclude 2 players from the cap and seemingly pay them what you want.How does that rugby salary cap work? Is it absolute or a % of turnover?
There’s a salary cap in Rugby. Don’t recall the EU getting involved at any point because it was against EU legislation.
and you get a "rebate" back from the RFU for and English qualified players that have been selected to play for England. The cap in this country is around £4 million a yearIt's a bit of a mish-mash. There's a cap but there is an allowance for academy graduates and it seems you can exclude 2 players from the cap and seemingly pay them what you want.
Hmm not so sure myself, look at those loans and with that is interest.... they have steadied the ship in terms of operating costs but we are still paying heavily for that £30M+ debtLooks like Coventry are technically on a more sustainable financial footing. Half those clubs are playing with fire.
Villa being the recent example.... Gamble to get back in the prem and when that doesn't happen they are up shit creek.Yes but as long as the likes of Bournemouth and Wolves can gamble and get away with it then there will always be some who keep trying. Time for an absolute cap on transfer/wage expenditure by division to keep this contained.
Brighton suggested individual wage freezes and caps for individuals. That’s nothing like what rugby have which is more like FFP regulations
Rugby salary cap is a flat rate (£7M as season IIRC) regardless of turnover. FFP is a percentage of turnover. So they’re nothing alike
Villa being the recent example.... Gamble to get back in the prem and when that doesn't happen they are up shit creek.
Brighton suggested individual wage freezes and caps for individuals. That’s nothing like what rugby have which is more like FFP regulations
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