SmokeyTA wrote:Not in SL they didnt, they didnt even spend close to the SL Salary Cap yet went bust. The salary Cap doesnt stop clubs going bust.
Wakefield had many many problems, all of which were predictable, and Widnes spent more than they had to try and gain promotion, but did it in an SC era.
It doesn't stop it but it does make it less likely. Crusaders went bust the first time round because they were already in debt and accumulating CCJs before they joined SL. That's despite the RFL describing them as "financially stable" in their licensing decision. Had they not entered SL with debts, they might not have gone bust.
They had these debts partly because the RFL was turning a blind eye to them breaking the salary cap by importing Queensland league players on full-time contracts whilst in NL2. Had they not been doing this, it is unlikely that they would have been promoted to NL1 and thus been in a position to apply for SL.
Quote:I dont disagree, if they dont have it, they dont spend it. If they do have it, they can spend it. If Northampton cant afford to spend £366k (the Championship Salary cap plus an allowance) they shouldnt spend it, if they cant afford to spend £300k (the championship Salary Cap) they shouldnt spend it.
Yes, the worst aspect of the salary cap was removing the restriction on %age of turnover thus allowing everybody to spend the full cap. Some clubs can afford the full cap and others can't but will spend it anyway.