Catlin slams salary cap
‘It’s a shambles and we’ll be fighting it in the strongest way’
MARK Catlin has branded Football League proposals for a player salary cap as an ‘absolute disgrace’.
And Pompey’s chief executive has pledged to spearhead the fight against its potential implementation for the 2020-21 campaign.
There is strong appetite among League One clubs to enforce a £2.5m per year wage restriction ahead of the new campaign.
It is understood the Blues’ existing player wage bill is around £4m.
Pompey’s drive for selfsufficiency saw them post a profit of £2.05m and turnover of £11.57m in their most recent set of accounts, lodged in March.
However, despite such financial success, the Blues would be forced to slash their wage bill and operate with the same salary cap as clubs recording substantial losses.
Catlin, pictured above by Joe Pepler, told The News: ‘Should salary caps come in, clubs with a 40,000 average attendance and generating huge commercial revenues will be only allowed to spend the same as clubs with a 2,000 attendance and no commercial income. How can that be right?
‘It is an absolute disgrace. I have been fighting this behind the scenes and will be fighting it even more strongly over the coming weeks and months.
‘Outline proposals have been sent out, although there has not been a formal document. There are a few clubs, including ourselves, that are totally against restricting salaries.
‘It’s a crazy proposal which is supposed to be about sustainability, yet Pompey are going to be unable to spend what we can afford.
‘However, this still encourages almost three quarters of the league to use their owners to put money in to get to our wage structure. Basically, it caps the top clubs that can afford it.
‘I have been arguing for a cap linked to turnover, a cap linked to operational profit, a cap linked to anything which allows the larger clubs to operate properly. It makes no sense to me.
‘This isn’t about sustainability, this is about homogenising and levelling the playing field in League One – and, in my opinion, is disgraceful.
‘It completely goes against the sustainability which we have advocated for years and we believe should be rolled out among football.
‘If you are a big club and can afford, hypothetically, a £5-6m budget, how can you have the same budget as a club which can only afford £1m and their owners are still allowed to put money in? It makes no sense whatsoever.
‘The whole thing is a shambles and something we will be fighting against in the strongest possible way.’