Deloitte Advises 70 Percent Salary Cap To Premier League Clubs

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Deloitte Advises 70 Percent Salary Cap To Premier League Clubs 

Post#1 » by RealGM Wiretap » Thu Jun 11, 2020 6:08 pm

Deloitte recommended Premier League clubs introduce an internal salary cap based on 70 percent of their revenue to ensure their long-term future.

\"You\'ve got 107 percent of revenue going out on wages. You can see the problem looming,\" Deloitte\'s Dan Jones said in a statement.

\"A salary cap is a blunt instrument, but if you can only spend 70 percent of revenue on salary, and applied that in 2018-19, you take £300 million out of the wage bill and wipe out the losses.\"

Via ESPN

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