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English lower league approve salary caps – The World Game
English League One and League Two clubs, representing the third and fourth tiers of English football, have voted in favour of introducing salary caps.
League One clubs agreed to cap total expenditure on player salaries at £2.5 million ($4.5 million AUD) while those in League Two agreed to an upper limit of £1.5 million ($2.7 million AUD).
“The term ‘salary cap’ is an emotive one, creating the impression of a restrictive measure but we are clear in our view that this is neither the objective nor the likely effect of these changes to EFL Regulations,” EFL CEO David Baldwin said.
The cap includes basic wages, taxes, bonuses, agents’ fees, image…
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