[Football] Spending Cap

[Mackenzie]

Premier League spending cap: Clubs vote in favour of developing plans

Premier League clubs vote in favour of developing plans to introduce a spending cap in England's top flight.

www.bbc.co.uk

@El Presidente is this a good thing for us? Or have the turkeys voted for Christmas!

 

[nickbrighton]

Isnt it something like 5 times the lowest clubs tv income or some such- so about £500 000 000 a year
Only ONE club broke that in the last reported season- so basically its spend what you like- doesnt matter if you can afford it or not, hardly going to help sustainability or stability

As we dont spend anywhere close to that this wont affect how we do business, but will just mean the Forests, Evertons, and Citys can just spend whatever they want without worrying about PSR or FFP rules

 

[nicko31]

Isnt it something like 5 times the lowest clubs tv income or some such- so about £500 000 000 a year
Only ONE club broke that in the last reported season- so basically its spend what you like- doesnt matter if you can afford it or not, hardly going to help sustainability or stability

As we dont spend anywhere close to that this wont affect how we do business, but will just mean the Forests, Evertons, and Citys can just spend whatever they want without worrying about PSR or FFP rules

Seems like it, the game is so screwed

 

[KZNSeagull]

Man U, Man City and Villa voted against. Chelsea abstained. Source: Daily Mail!

 

[Bakero]

Isnt it something like 5 times the lowest clubs tv income or some such- so about £500 000 000 a year
Only ONE club broke that in the last reported season- so basically its spend what you like- doesnt matter if you can afford it or not, hardly going to help sustainability or stability

As we dont spend anywhere close to that this wont affect how we do business, but will just mean the Forests, Evertons, and Citys can just spend whatever they want without worrying about PSR or FFP rules

The haven't decided on the multiple yet so it remains to be seen. By the sound of it, the cap will cover transfers, salaries and agent fees.

The two Mancs and Villa voted against. Chelsea abstained.

 

[KZNSeagull]

I wonder what the new football regulator will say about it.
The stupid thing is that there is so much money in football that sustainability shouldn't really be an issue.

 

[JBizzle]

I wonder what the new football regulator will say about it.
The stupid thing is that there is so much money in football that sustainability shouldn't really be an issue.

You're right, of course, but outside the Premier League sustainability is a massive issue and once you get relegated, the sudden drop in finances can smash a club sideways. I think Paul Barber said it best (paraphrased): "Only in football would people argue about being able to be allowed to lose MORE money"

 

[KZNSeagull]

You're right, of course, but outside the Premier League sustainability is a massive issue and once you get relegated, the sudden drop in finances can smash a club sideways. I think Paul Barber said it best (paraphrased): "Only in football would people argue about being able to be allowed to lose MORE money"

Exactly. There shouldn't really be a need for any club to be struggling no matter what division they are in. Small clubs going bust because they owe less than an average PL footballers weekly wage. It's ridiculous.

 

[TomandJerry]

Manchester United, Manchester City and Aston Villa voted against the possible introduction of a spending cap on Monday, while Chelsea abstained.

 

[brighton_tom]

Surely got to be a positive step if thats true for who voted against and didnt get their way.

 

[Flounce]

Do we know who voted against the proposal and who abstained?

 

[WATFORD zero]

Do we know who voted against the proposal and who abstained?

I've heard a rumour that Manchester Utd voted against it. I'll see what else I can find out

 

[Bozza]

For those who haven't read the details, club have not voted for a spending cap to come in....yet.

They've voted for the Premier League to develop a spending cap model, which clubs will subsequently vote on later this year. If it is approved at that stage, then it will come into effect for the 2025/26 season.

 

[Hamilton]

Premier League spending cap: Clubs vote in favour of developing plans

Premier League clubs vote in favour of developing plans to introduce a spending cap in England's top flight.

www.bbc.co.uk

@El Presidente is this a good thing for us? Or have the turkeys voted for Christmas!

The spending cap is set at £1trillion.

 

[Winker]

El Pres on TalkSport couldn't help himself and mentioned 'small teams like CP' LOL!

 

[dazzer6666]

Man U, Man City and Villa voted against. Chelsea abstained. Source: Daily Mail!

Boehly didn't understand the question

 

[Greg Bobkin]

This next cap could be salary-defining.

 

[A1X]

Boehly didn't understand the question

Refused to vote because “I hate celery”

 

[amexer]

Have never understood PL finances and how PL thought ok for clubs to lose £100m plus over 3 years. Just a gravy train for players and senior staff. Something wrong with football when club has income od £25/35m in championship and than loses money when promoted with income of £140m plus
New idea seems to be something round what lowest clubs TV money is. Surely we accept that clubs like Spurs with income of £500m pluscan pay higher wages and buy better players. It is wages that Fs it up.so only allow clubs to only pay % of total income in wages and points deduction if you go over.
Maybe I am wrong person to give a view because I think with income PL clubs have players should be paid less and, tickets should be sold at say £25 when all could afford to attend

 

[El Presidente]

Premier League spending cap: Clubs vote in favour of developing plans

Premier League clubs vote in favour of developing plans to introduce a spending cap in England's top flight.

www.bbc.co.uk

@El Presidente is this a good thing for us? Or have the turkeys voted for Christmas!

Won’t make any difference