February 24, 2024

Stan Collymore has called for every major division worldwide to introduce a new spending cap after Everton and Nottingham Forest were charged over financial breaches.

This week, the Premier League revealed that Everton and Forest have been referred to an independent commission due to purported violations of the Profit and Sustainability Rules in their 2022–2023 financial statements.

In a prior three-year accounting cycle, Everton was already accused of breaking the same regulation, which resulted in a 10-point deduction that they are currently contesting.

Speaking about the most recent infringement, Collymore said to Caught Offside [19 January]: “I hope that moving forward, the international regulatory bodies will finally understand the concept of a salary cap akin to the NFL.”

“That is the only way to be able to ensure that all clubs start a season with the same parameters. Clubs will be given a budget, let’s say £200m, you can’t go beyond that and it is audited by independent bodies.

“FIFA have a lot of political clout to get this over the line as several countries are bending over backwards to get World Cups.

“If they want to have a credible FIFA Club World Cup when the new format appears in 2025, all clubs across the globe should have the same amount to spend on players, as FFP in its current state is not fit for purpose at the top of the game.”

Something has to be done

Everton have been punished twice for effectively the same offence, and a third punishment may yet follow if certain reports are to be believed.

This is not to say that there should be no rules in place at all, but there has to be a way to make them less complicated.

Collymore, whether you like him or not, has a point when it comes to the salary cap. If a team has a set amount to spend, there is no grey area.

Or at least that’s what one would assume based on the surface description. Of course, teams will always find a method to get around the regulations.

everton

A team may request to loan a player for a year before making an outright purchase later on, for instance, if they are approaching their £200 million budget.

All things considered, £200 million appears to be a sufficient amount to ensure the “big clubs”—as perceived by Richard Masters—remain satisfied.

In any case, Everton is too late as they wait to learn more about this most recent penalty.

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