It looks like that the EFL clubs are edging closer to a wage cap on players salaries. Its aimed at a squad level rather than an individual level. The proposed caps divulged so far is £1.9m for league 2, £3.3m for league 1, whilst there is no mention of a amount for the championship at present. Earlier this year and outside of these talks it was suggested that £20m would be sufficient at that level. They also want to change the sustainability number which they can lose over a 3 year period, currently it's set to £9m, I'm guessing they want to increase that. There is also a discussion centred on larger clubs which generate a larger turnover and how that forms in to the salary cap.
They also seem to be in agreement with a 3 point deduction for any missed salary payments as well.
Maybe the virus outbreak has focused clubs minds and attentions making them get their houses in order.
Wage Cap for Season 2021/22
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Re: Wage Cap for Season 2021/22
Whilst I generally agree with a salary cap, I've always found it hard to get my head around. The cost of living in, say, Morecombe is lower than in Leyton so the £1.9m goes further. That's not an issue normally - unless a rogue owner goes for broke - literally. This smacks of owners getting a bit of control over salaries, but they need to get a grip on themselves at the same time.