Revealed: The salary cap loophole that could majorly boost Sunderland's chances of signing Bailey Wright

Sunderland’s chances of signing Bailey Wright have been dealt a significant boost – thanks to a loophole in the EFL’s new salary cap proposals.
Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now

League One clubs are gearing-up for fresh financial measures as of next season, with a £2.5million wage cap set to be introduced. In addition to this, teams will also be subject to a squad cap of 22 players.

A vote is expected to take place on August 6 to decide whether the new measures will be introduced, and they are expected to gain the backing of the two thirds of clubs necessary for their implementation.

Hide Ad
Hide Ad

The salary cap has been strongly opposed by a host of clubs – including Sunderland and Portsmouth – who are able to spend well above this ceiling while still remaining sustainable.

Sunderland's hopes of landing Bailey Wright could be boosted by this salary cap loopholeSunderland's hopes of landing Bailey Wright could be boosted by this salary cap loophole
Sunderland's hopes of landing Bailey Wright could be boosted by this salary cap loophole

And the introduction of the cap led to fears that the Black Cats may miss out on some of their top targets this summer, such as Australian international Bailey Wright.

But a loophole in the system could well work in Sunderland’s favour when it comes to attracting signings.

As a transitional measure, players already on the books of League One clubs would count at a maximum of £1,300 per week towards the salary cap – the divisional average wage.

Hide Ad
Hide Ad

It was initially suggested that any player who signed a contract before June 30 would be the subject to this wage reduction, but this window has now been extended until August 6.

That means that should Sunderland clinch a deal for Wright – or indeed any other player – before August 6, their full salary will not count towards the wage cap until the 2021/22 season.

It represents a significant boost for Sunderland and will offer Phil Parkinson some extra room to manoeuvre in the transfer market this summer.

But not all clubs are happy with what they perceive as a flaw in the system.

Hide Ad
Hide Ad

Ryan Sparks, a director at League Two Bradford City, said: “It has created a loophole which clearly undermines the whole purpose of the salary cap, in my opinion.

“It appears the EFL are making up the process as they go along and that’s forcing clubs to react to an ever-changing picture.”

A message from the Editor:

With the coronavirus lockdown having a major impact on many of our advertisers - and consequently the revenue we receive - we are more reliant than ever on you taking out a digital subscription.

Subscribe to the Sunderland Echo website and enjoy unlimited access to local news and information online and on our app. With a digital subscription, you can read more than 5 articles, see fewer ads, enjoy faster load times, and get access to exclusive newsletters and content. Visit here to sign up. You can subscribe to the newspaper with 20% off here. Thank you.