Cuenca 'ammer wrote: ↑Wed Aug 17, 2022 8:03 pm
kind of like a NFL salary cap.
I don't see swaps working because you'd still have to get players to agree and money out on salaries has to match salaries coming in if I read you correctly.
and it benefits the bigger clubs even more because their turnover will STILL be great I would imagine. what counts as turnover ? (genuine question) is it total revenue streams because all that lot at the top will do, is get an even bigger shirt/sponsorship/stadium naming rights scenario.
Yes it is the total revenue stream (TV, Commercial, Sponsorships, tickets and match day - the works) but UEFA have already indicated they will take a harsh view of some form of sweetheart sponsorship deals with club owners just to boost revenue.
As for salaries money in does not need to match money out. It is up to the club how they spend their allotment. For example (and this IS ONLY a hypothetical example) were we to swap Rice for Broja +Gallagher and £20m with Rice earning £60k a week on leaving, the incomings on a combined £150k a week, our salary bill will have increased by £4.5m. That will impact down the line but in the year of the deal we could spend an extra £15.5m as we have earned that less the salary increase included in the deal.
An extra £5m on salaries for a new or existing player simply reduces the balance available for transfers/agents fees. It would only become an issue if you first team salaries were already at 70% of turnover. I also believe it is just first team salary not overall club salaries.
West Ham have an overall salary bill for some 600 or so full time and part time employees of around £135m, about 60% or so of that is the first team squad.