Peterborough owner Darragh MacAnthony has suggested that players and the Professional Footballers’ Association have to agree to limit salaries in the lower leagues.
He wants there to be a wage cap of £6,000-a-week to prevent more League One and Two clubs from going out of business like Bury.
EXCLUSIVE: Peterborough owner Darragh MacAnthony warns EFL clubs must adopt NFL-style salary cap to avoid Bury repeat |@NeilMcLeman https://t.co/CsZUW3xFi8 pic.twitter.com/UIkCchmrim
— Mirror Football (@MirrorFootball) October 11, 2019
MacAnthony has drawn up a 10-point plan which includes a £2million fund to bailout clubs in a crisis and wants players along with the PFA to agree to limit salaries for the good of the game.
He said, as quoted by the Mirror: “If we don’t do something, it will be someone else’s club to go bust next.
“Players need to step and do their bit as well. I just think it is crazy when you hear players getting paid 10-15 grand a week at League One level. There are warning signs when you hear that.
“I know football careers are short and they have to make hay while the sun shines – I am not naïve and I understand how it works.
“Sometimes if you have made a few quid in football, you have got to look and think: This club is going to go under. What can I do?
“A lot of people in the game were saying about Bury: There is a reckoning coming there because they were handing out some massive contracts.
“I am all for a wage cap. I like the way they do things in America with the NFL. I think a lot of the clubs would get behind it. If a giant club came down, you could give them two years dispensation on the wage cap.
“But players have to take responsibility as well.
“Over the years I have put in £15m.
“I have got some back so right now the club probably owes me £5-6m.
“We turned down nearly £5m for one of our strikers on deadline day. For any reason we didn’t get promotion this season, we know we have an asset base that we can refer to. But I would say even a small club in League Two is probably losing upwards of £1m a year.
“If nobody starts the conversation to push this along it is just going to carry on. We are going to get more clubs getting into trouble, more going out of business and more heartbroken fans.
“We need action right now so another Bury doesn’t happy.”
There was a meeting with EFL clubs last month and it is claimed that change is wanted.
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