by Stranded »
29 Sep 2021 14:49
WestYorksRoyal If we're required to submit a business plan as part of the, how much freedom will we have with contract renewals and future transfer windows? Will the EFL simply reach an agreement for the plan, and then hold us accountable in sticking to it? In such a case, we'd be allowed to manage contract negotiations and transfers without their involvement, but we'd need to stay within agreed budgets to avoid further punishment.
This would be far preferable to the soft embargo in recent years. We have half a team out of contract at the end of the season, and if we need EFL approval for every single renewal or replacement we'll probably reach August with only 10 senior players or so and relegation looking a real possibility. Better to agree a budget and let us face the consequences if we breach it.
I would hope that it would be along of the lines of:
We will only sign X players per season at a total wage of 10k pw on contracts no longer than 2 years. We intend to see a profit in transfer dealings over the next 3 years so only 50% of fees received will be used to purchase players.
I would hope that as the only way out of the FFP mess is to trade our way out we should be able to offer extensions to players either on similar or slightly increased terms, so that we have sellable assets i.e. would be great if we can offer Swift a 2 year deal but flog him if we don't go up for a fee far in excess of what we may get in January.
If it isn't sensible like that, then we are essentially looking at being massively tied with little way of trading out.