League One and League Two clubs approve salary caps

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REUTERS: League One and League Two clubs, representing the third and fourth tiers of English football, have voted in favour of introducing salary ...

REUTERS: League One and League Two clubs, representing the third and fourth tiers of English football, have voted in favour of introducing salary caps for their squads, the English Football League said in a statement on Friday.

The cap includes basic wages, taxes, bonuses, agents' fees, image rights and other expenses, but excludes payments linked to progress in cup competitions or promotion. A number of EFL clubs faced financial difficulties even before English soccer endured a three-month stoppage due to the COVID-19 pandemic.However, the move to introduce salary caps was opposed by the Professional Footballers' Association , which said it was being rushed into without enough consultation with the players.

 

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