Joined: Feb 12 2003 Posts: 5487 Location: At The New Stadium
Co-operative Championships salary cap to be lowered for 2010
The finite salary cap for Co-operative Championship and Championship 1 clubs will be lowered for the 2010 season following a debate by clubs which led to the proposed changes being ratified by the RFL Board.
Currently the Championships salary cap operates by limiting a club’s player costs to no more than 50% of the club’s income and is capped at a finite limit of £400,000 for Championship clubs and £200,000 for Championship 1 clubs.
For the 2010 season, the new salary cap will limit a club’s player costs to no more than 40% of the club’s income with the finite limit set at £300,000 for Championship clubs and £150,000 for Championship 1 clubs.
Payments to players who are under 21 on 31 August in the year preceding the Salary Cap Year in question will continue not to count towards a club’s salary cap spend. There are other dispensations available by application to the RFL’s Registrations & Salary Cap Manager whereby a club may agree certain relaxations to the salary cap limits (as was the case previously).
Users browsing this forum: No registered users and 72 guests
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot post attachments in this forum