by SCIAG »
21 Apr 2020 09:51
21 Apr 2020 09:51
The maximum contract length is five years. In practical terms the very straightforward way you could do it is say that in five years we are bringing in a salary cap. That way, clubs will have the opportunity to insert a clause into players’ next contracts to have a wage drop if the cap comes into place. (You’ll occasionally hear about six or seven year contracts - these are five years with an option for the sides to agree an extension, which is pretty empty given there’s always an option to agree an extension)
In reality a wage cap is a stupid idea for all sorts of reasons.
- It’s ethically outrageous.
- It would probably be got around using other forms of payment such as performance bonuses, image rights payments, and so forth. You could see players simultaneously employed as “football consultants” or some such.
- It would probably hugely lower the quality of English football as players took their trade elsewhere.
- The excess money that clubs would now generate isn’t going to go into a rainy day fund or their community trust. As things stand, you’d basically be taking money away from players and giving it to agents, broadcasters, betting companies and other advertisers, and billionaire owners.
The only way a salary cap makes sense (even just in theory) is if you radically overhaul football so that clubs all have to be member-owned non-profit organisations, similar to how things are done in Germany, or the iconic Spanish clubs. These would be given different legal responsibilities, including perhaps a responsibility to keep two years of cash flow in investments. You could simultaneously bring in a requirement that all matches be broadcast over BBC iPlayer. But those moves would have huge cultural, financial, practical, ethical, and almost certainly legal barriers. While I’m sure aspects of that appeal to people, I don’t think it would necessarily be as utopian as you might imagine.