Independent Leyton Orient Forum

ComeOnYouOs wrote: ↑Fri Jan 08, 2021 11:00 am I think the wage cap was a terrible idea, and im surprised the club voted for it.

As one of the biggest budgets in league 2, we had an advantage when it came to bringing in new players, because we could offer more money, than most league 2 clubs, and probably a small handful of league 1 clubs....but thats now evaporated, and as the cost of living is higher in London, and your pounds dont go as far, teams outside london have an advantage

By voting in favour of a wage cap, we threw our advantage away IMO

Adz wrote: ↑Fri Jan 08, 2021 11:21 am The wage cap is an upper limit, not all clubs will run up to it

ComeOnYouOs wrote: ↑Fri Jan 08, 2021 11:00 am I think the wage cap was a terrible idea, and im surprised the club voted for it.

As one of the biggest budgets in league 2, we had an advantage when it came to bringing in new players, because we could offer more money, than most league 2 clubs, and probably a small handful of league 1 clubs....but thats now evaporated, and as the cost of living is higher in London, and your pounds dont go as far, teams outside london have an advantage

By voting in favour of a wage cap, we threw our advantage away IMO

ComeOnYouOs wrote: ↑Fri Jan 08, 2021 11:00 am I think the wage cap was a terrible idea, and im surprised the club voted for it.

As one of the biggest budgets in league 2, we had an advantage when it came to bringing in new players, because we could offer more money, than most league 2 clubs, and probably a small handful of league 1 clubs....but thats now evaporated, and as the cost of living is higher in London, and your pounds dont go as far, teams outside london have an advantage

By voting in favour of a wage cap, we threw our advantage away IMO

Apple Wumble wrote: ↑Fri Jan 08, 2021 11:10 am I'm almost certain the rationale for voting for the cap was more of a financial one for the owners rather than the interests of our ability to sign people. I see long term benefits for every club, but agree that we are at a disadvantage now.

ComeOnYouOs wrote: ↑Fri Jan 08, 2021 11:00 am I think the wage cap was a terrible idea, and im surprised the club voted for it.

As one of the biggest budgets in league 2, we had an advantage when it came to bringing in new players, because we could offer more money, than most league 2 clubs, and probably a small handful of league 1 clubs....but thats now evaporated, and as the cost of living is higher in London, and your pounds dont go as far, teams outside london have an advantage

By voting in favour of a wage cap, we threw our advantage away IMO

Orient Punxx wrote: ↑Sat Jan 09, 2021 1:11 am I think you’re wrong there.

Still wrong wrote: ↑Sat Jan 09, 2021 10:01 am

Orient Punxx wrote: ↑Sat Jan 09, 2021 1:11 am I think you’re wrong there.

Naive in the extreme.
There are a million ways of getting around a salary cap.
It happened in the 50 s with the maximum wage.

ComeOnYouOs wrote: ↑Sat Jan 09, 2021 10:06 am

Still wrong wrote: ↑Sat Jan 09, 2021 10:01 am

Orient Punxx wrote: ↑Sat Jan 09, 2021 1:11 am I think you’re wrong there.

Naive in the extreme.
There are a million ways of getting around a salary cap.
It happened in the 50 s with the maximum wage.

Well name a few then.
You keep saying its easy to get round the cap, so as i say name a few!

Still wrong wrote: ↑Sat Jan 09, 2021 10:40 am Once this nonsense is kicked out will will have a premiership 2 in what is now the Championship.
If clubs want to overspend them let them get on with it, if they go bust relegate them at least two divisions.
Let the market find its level.
This ridiculous interfering never works.

UpminsterO wrote: ↑Sat Jan 09, 2021 10:53 am There is a big difference between the budget for league 1 and 2- bigger than as a % than the marginal difference in quality to survive in league 1

Oiram wrote: ↑Sat Jan 09, 2021 10:51 am

Still wrong wrote: ↑Sat Jan 09, 2021 10:40 am Once this nonsense is kicked out will will have a premiership 2 in what is now the Championship.
If clubs want to overspend them let them get on with it, if they go bust relegate them at least two divisions.
Let the market find its level.
This ridiculous interfering never works.

Will who?

What he got to do with the price of rice?

Milano wrote: ↑Sat Jan 09, 2021 11:13 am Still waiting for a view of how the cap can be dodged. Isn't there something about directors' gifts (or sponsorship perhaps) which artificially raises the declared income of the club thus raising the spending threshold?

Milano wrote: ↑Sat Jan 09, 2021 11:13 am Still waiting for a view of how the cap can be dodged. Isn't there something about directors' gifts (or sponsorship perhaps) which artificially raises the declared income of the club thus raising the spending threshold?

Thor wrote: ↑Sat Jan 09, 2021 1:22 pm

Milano wrote: ↑Sat Jan 09, 2021 11:13 am Still waiting for a view of how the cap can be dodged. Isn't there something about directors' gifts (or sponsorship perhaps) which artificially raises the declared income of the club thus raising the spending threshold?

It’s no longer a percentage of turnover but a flat rate of £1.5m.

As ling said it will be harder for us next season than some others. Long term football at the lower level will become more viable and surely that is a positive step forwards is it not? Short term as clubs adjust and fall into line with the new laws there may be some adjusting to do especially from clubs like us with a stated playing budget far in excess of the cap. That’s life, but people like our owners can now utilise their cash to improve other infrastructure projects instead of spending it on wages. The benefit to our academy could be huge for example as one way to invest in the playing future of the club.