Championship salary cap proposed
Hope we don’t have to contend with this!
Promoted clubs who breach the Championship's new salary cap on their way up could be hit with Premier League points deductions
The planned regulations of the proposed £18million cap have been sent to each Premier League club for approval and feedback.. There is widespread support among Championship clubs — although some do not want the rules to come into play until the end of next season. The cap needs a 66 per cent majority to be signed off at a meeting due to be held in the new year.
And top-flight sides were asked whether they would support punishments by way of fines for clubs who breach the cap by less than 20 per cent and points deductions for those whose breaches are in excess of 20 per cent.
In an attempt to allow Premier League clubs threatened with the drop to protect their assets, players on contracts above £720,000 a year — a divisional average calculated by dividing the £18m by 25 (the number of players in a squad) — will be registered at the £720,000 mark and their contracts can be extended at existing levels of pay should they have less than 18 months on their deals remaining and should their clubs be in receipt of parachute payments.
