The EFL salary cap in League 1 & 2 has been withdrawn following a decision by an independent arbitration panel.
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The EFL salary cap in League 1 & 2 has been withdrawn following a decision by an independent arbitration panel.
Bad news for Hibs. The salary cap was making it easier to attract players to the club. We’ll struggle to keep Irvine now.Quote:
Originally Posted by Magpie
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Maybe.Quote:
Originally Posted by Ozyhibby
If it's true he knocked back big money to move to China, then it's obviously not all about the money for him.
If that's the case, would he rather be playing in Europe for us, or playing against MK Dons and Burton for a few £ more.
Can only be a bad thing for us unfortunately.
League 1 clubs can’t offer European football though.
We just need to make sure we’re getting the money on offer there as well as providing that platform to showcase skills.
The difference between Edinburgh and China compared to England can’t really be compared though.Quote:
Originally Posted by easty
Indeed – between culture shock, struggles with the language and weird food, England takes some getting used to. It's alright if you stick with it though.Quote:
Originally Posted by Paul1642
The obvious question to ask is what was the salary cap set at.Does anyone know as it would help the discussion no end if we all knew what we were talking about ?
£18m I think.Quote:
Originally Posted by CB Hibs 68
If that was the case then any first division club that had the cash could already outbid Hibs as £18 million dwarfs our transfer budget .No big game changer then.Quote:
Originally Posted by CropleyWasGod
It's bollocks :greengrinQuote:
Originally Posted by CB Hibs 68
That was what the Championship clubs voted against.
The L1 and 2 caps were £2.5m and £1.5m, respectively.
I think it was a chunk lower than that. When it was announced it definitely felt like Hibs would end up being able to outspend any league 1 team.Quote:
Originally Posted by CB Hibs 68
This says £2.5M and £1.5M:
https://www.efl.com/news/2020/august/squad-salary-caps-introduced-in-league-one-and-league-two/
. Just googled salary cap in England and it was set at 2.5 million .This is a potential game changer as Hibs would have been able to offer a competitive salary compared to first division clubs.With the challenge being successful as other posters have said this ain’t good for Hibs.Quote:
Originally Posted by danhibees1875
Something might still be negotiated in the L1 and L2 in England. The reason it went to arbitration was that the PFA complained they weren't consulted adequately. The PFA claims it still supports EFLs efforts to protect the financial well being of the game and clubs at that level but wants a more direct role in the decision making. Something might be back on the table soon.
Don’t think it’ll make much difference to us. The money still isn’t great in league 1, never mind league 2, and majority of the bigger clubs will be cutting back majorly after ending up down there in a pandemic. Probably 3 or 4 big clubs in league 1, and if we reach group stage football next season our revenues should suitably increase and continue to increase year on year based on Ron’s plans.