Simon Jordan "A salary cap for the Championship is needed"

[soldierboyblue]

2 hours ago, hirstyboywonder said:

cap is set at around £5M per club to ensure the smaller clubs in the division can afford

That is the RL and RFU model also

[daleblue]

16 hours ago, @owlstalk said:

You've hit on a massive point there mate.

If there's a pay cap in the Championship and Liverpool got relegated what the fooooook would happen then to their players pay/contracts?

How could this pay cap be set up in that case?

 

Popes dead mate.

[Guest]

55 minutes ago, Sultan_Pepper said:

 

Didn't he bankrupt palace twice and cost thousands of suppliers and local businesses their livelihoods by going into administration twice?

 

Not exactly certain he's the best person to be talking about restraining spending in the championship.

 

He bought them shortly after their first administration but was in charge the second time around so clearly didn't run the club as he is suggesting other clubs should act now.

I agree with the principle of what he is saying but as you say from his past involvement this is seemingly much easier to talk about doing when you are not involved in running a club than it is to put into practice when you are. 

[NeonLeon]

27 minutes ago, hirstyboywonder said:

 

He bought them shortly after their first administration but was in charge the second time around so clearly didn't run the club as he is suggesting other clubs should act now.

I agree with the principle of what he is saying but as you say from his past involvement this is seemingly much easier to talk about doing when you are not involved in running a club than it is to put into practice when you are. 

He lost ALOT of money during the recession so couldn’t pump any more than the £50million he’d put into Palace already, to help keep them afloat. He was definitely the biggest loser in that one. 
 

The only people who ended up taking advantage of the club being in admin was the current owners, not Jordan. He often says his undoing was the making of Steve Parish.

 

He was also advocating a lot of the stuff he talks about now, then.

 

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Edited May 5, 2020 by NeonLeon

[upperwinngardensowl]

4 hours ago, Sultan_Pepper said:

 

Didn't he bankrupt palace twice and cost thousands of suppliers and local businesses their livelihoods by going into administration twice?

 

Not exactly certain he's the best person to be talking about restraining spending in the championship.

Hes the first one to say he made some wrong decisions, which cost him more than anyone else, and would do things differently.

Its called learning from your mistakes.

 

I dont know about any administrations, but Crystal Palace isn't BP, it wont have had thousands of suppliers and local businesses.

[Rogers]

21 hours ago, @owlstalk said:

You've hit on a massive point there mate.

If there's a pay cap in the Championship and Liverpool got relegated what the fooooook would happen then to their players pay/contracts?

How could this pay cap be set up in that case?

players know what it means if they get relegated, as it’s in their contract. Like any other agreement 

 

And Liverpool will never get relegated 

[Guest]

4 hours ago, NeonLeon said:

He lost ALOT of money during the recession so couldn’t pump any more than the £50million he’d put into Palace already, to help keep them afloat. He was definitely the biggest loser in that one. 
 

The only people who ended up taking advantage of the club being in admin was the current owners, not Jordan. He often says his undoing was the making of Steve Parish.

 

He was also advocating a lot of the stuff he talks about now, then.

 

.

 

Maybe so, but if he was adamant about doing this the club would not have been significantly affected by his personal loss in the recession as it would have been able to stand on its own two feet.

 

Palace spent more than they brought in under his ownership so as much as he would have liked to limit spending and what he says makes sense, he wasn't able to implement it.

[Neon Nick]

If a salary cap is to be, in English Football, it must be like the American version, a straight cap, not dependent on P & S, or how many tickets are sold, or how big your stadium is, or whether or not you got relegated from a higher league...If you're in this tier or that, here's what you can spend on Players, and we don't care if you were relegated or promoted, whatever the cap is, per Tier, is what you can spend.

 

Parachute payments?  Why?  You get relegated, you should not as  Club, be rewarded financially, nor should the Players responsible for the relegation retain their previous paycheck.  If those Players don't like it, tell them to get another job...or step it up.

 

I like the physical structure of English football, but not the financial structure of English football.

[0114]

Something needs bringing in. I’d also make all players include a buy out clause in their contracts. I think they have to do this in Spain. Stops clubs ripping off other clubs and letting prices get too high. 
 

For example let’s use Josh King at Bournemouth. He’s a decent premier league player, 28 years old and Bournemouth got him for free from Blackburn. Manchester United were desperate for a forward, and Bournemouth wouldn’t accept £25m for a player they got for free, had their been when he signed a £10m-£15m release clause it’s stop clubs demanding stupid fees.

[adelphi1867]

A salary cap on the clubs would nullify the parachute payments.

Lets say, for instance, a club in the Championship can only spend up to £20m on the playing staff that would mean clubs coming down from the prem with players wages of more than £20m pa would have to reduce that bill immediately.

 They can have their £40m but cannot spend it all on players.

Just an Idea.

[Guest]

7 hours ago, 0114 said:

Something needs bringing in. I’d also make all players include a buy out clause in their contracts. I think they have to do this in Spain. Stops clubs ripping off other clubs and letting prices get too high. 
 

For example let’s use Josh King at Bournemouth. He’s a decent premier league player, 28 years old and Bournemouth got him for free from Blackburn. Manchester United were desperate for a forward, and Bournemouth wouldn’t accept £25m for a player they got for free, had their been when he signed a £10m-£15m release clause it’s stop clubs demanding stupid fees.

 

But buy out clauses can work both ways. Barcelona agreed to a £200M clause in Neymar's contract thinking nobody would pay it. PSG trump them and the result is other transfers at the top of the market become inflated because one player cost £200M. 

[oldishowl]

Just reading some of the quotes from Rick Parry yesterday.

If it’s already covered elsewhere then apologies .

Premiership

Tv deal 3 billion 

Wage bill 2.9 billion 

 

Championship

Tv deal 100 million 

Wage bill 1 billion 

 

Obviously can’t continue 

 

[0114]

1 hour ago, hirstyboywonder said:

 

But buy out clauses can work both ways. Barcelona agreed to a £200M clause in Neymar's contract thinking nobody would pay it. PSG trump them and the result is other transfers at the top of the market become inflated because one player cost £200M. 

Yeah true, it can work both ways. But I certainly think if players are smart it will allow them to not leave themselves in a situation where they are priced out of a decent move. Especially in The Championship and below.

[DJMortimer]

1 hour ago, oldishowl said:

Just reading some of the quotes from Rick Parry yesterday.

If it’s already covered elsewhere then apologies .

Premiership

Tv deal 3 billion 

Wage bill 2.9 billion 

 

Championship

Tv deal 100 million 

Wage bill 1 billion 

 

Obviously can’t continue 

 

 

That's just mental. And hardly anyone involved in the corridors of power seems to give some of the potential implications a moment's thought. Even with the reality check of the last couple of months, the Premier League in particular can't get back to playing quickly enough despite the lack of information about the safety and health issues and quite incredibly has declared that parachute payments do not skew the balance of competition in the Championship. Anything that requires even the slightest pause just results in them giving the finger.

 

 

[AwokenGiant]

3 hours ago, DJMortimer said:

 

That's just mental. And hardly anyone involved in the corridors of power seems to give some of the potential implications a moment's thought. Even with the reality check of the last couple of months, the Premier League in particular can't get back to playing quickly enough despite the lack of information about the safety and health issues and quite incredibly has declared that parachute payments do not skew the balance of competition in the Championship. Anything that requires even the slightest pause just results in them giving the finger.

 

 

Exactly and those figures make a mockery of the Profit and Sustainability rule.