EFL vote opens door for salary caps at Port Vale and League Two



Salary caps in the EFL could be a step closer after clubs voted to reduce the threshold required to change financial rules.

League One and Two look set to enter a ballot on salary caps in the coming weeks.

The potential proposals include a squad budget of £2.5million in the third tier, while League Two clubs would be given a budget of £1.25million.

Bonuses and other clauses included in players’ contracts would come under the same umbrella.

The path to salary caps looks to have been cleared after the level of support needed to pass legislation was lowered following Monday’s digital AGM.

Previously, 75 per cent support of a division was needed to pass, but that has now been brought down to two-thirds, which could show a willingness to implement caps on teams in all three of the EFL’s leagues.

Restrictions on the size of squads could also be introduced. Some reports have suggested clubs could be limited to 20 senior professionals, although players under the age of 21 would be exempt from the cap.

Talks have also reportedly been held over owners providing written guarantees to the EFL before the start of the new season that they have the means to pay wages throughout the campaign.

The move is hoped to prevent clubs from falling into the sort of financial difficulties that saw Bury’s expulsion from the league, while the likes of Macclesfield and Bolton have also been handed penalties over the past 12 months.

Clubs may be asked to forward any projected excess in salaries to a financial ombudsman at the beginning of any given season.





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