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Premier League looking at club wage caps to aid competition – Steve Parish
(www.independent.co.uk)
this post was submitted on 20 Oct 2023
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Why would they do that though?
to aid competition
To aid parish’s pocket
More sustainable to have a wage cap, assuming it's a percentage of revenue, and they'd still be able to outspend their peers on the continent because of the much larger revenue overall.
I believe UEFA is talking about bringing one in as well.
would be terrible for non-big 6 sides
Really would depend on the % but yeah some clubs would be fucked, Ironically I believe Palace are one of the worst when it comes to Wage/Revenue
They are, over the next few years its going from 90% of revenue to Wages down to 70% once fully implemented. I remember reading Liverpool/City were around 65% with Everton coming in around 90 and the average of Championship was around the 100%
its pointless. they'll just get paid through other means. shady sponsors,shell companies, payments to relatives etc. and then some championship club is gonna get fined to oblivion for doing the same thing but not having good lawers.
So basically every good player will absolutely go Saudi
Cost certainty and a theoretical ceiling on player wages.
No idea how it could work in an open league system, especially when a fair chunk of revenue is dependent on results and other leagues lack it.
I always figured they'd lean towards an MLB-style luxury tax.