Mawhinney: League salary cap essential

Former English Football League chairman Brian Mawhinney has said a salary cap on clubs from the Championship to League 2 – England’s second to fourth-tiers – is needed to halt the spiral into debt that so many are facing. “The business model of professional football in this country doesn’t work, it’s broke and you see that reflected in the administrations and all the rest of it,” Mawhinney said, as reported by Reuters. “I have some clubs in the Football League who are paying up to 85 per cent of their income in wages. I don’t care how great you are, you may be the best business entrepreneur the country has ever come up with but you cannot run a sustainable business with that sort of model.” Mawhinney was replaced as Football League chairman by businessman Greg Clarke on Friday.

sportbusiness.com