Sunderland Echo

League One salary cap plans move step closer

-

Proposals to introduce salary caps in the EFL have moved a step closer.

It comes after the number of clubs required to approve the changes was reduced, a resolution was passed at Monday’s EFL annual general meeting.

The change brings the majority of teams needed to vote in favour down from 75 per cent to a two-thirds majority.

Sunderland boss Phil Parkinson has already made it clear he is ‘not keen’ on the salary cap proposals.

The EFL look set to implement new financial controls in the third tier, with reports suggesting a fixed £2.5million per season salary cap could be introduced as early as next season.

Sunderland are currently allowed to spend 60 per cent of their turnover on playing staff wages, but it would mean savings would have to be made if the regulation changes are passed.

Clubs are likely to be given a year-long grace period before being penalised for any breaches of the new-look regulation­s should they come in, as expected. Chief executive Jim Rodwell has already stated that while Sunderland will support the introducti­on of cost controls in the EFL, they would be against a uniform salary cap.

Speakingea­rlierthisw­eek, Parkinson said: “There's been talk about the salary cap which is quite a complex debate going on at the moment. “I'm not keen on it at all. “I think clubs should be left to manage their own resources and we're already regulated to a certain degree.”

Tentative start dates for the new season in August and September have been mentioned, but there has been nothing set from the EFL yet.

 ??  ?? Sunderland’s CEO Jim Rodwell.
Sunderland’s CEO Jim Rodwell.

Newspapers in English

Newspapers from United Kingdom