Wellington Phoenix Men

Salary Cap Increase

4 replies · 147 views
almost 18 years ago · edited over 13 years ago
Salary Cap Increase
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almost 18 years ago · edited over 13 years ago
This was quoted on the Cakes' forum, assume it was announced today given it was part of this article...

http://www.foxsports.com.au/story/0,8659,23633443-5000940,00.html

Quote:
Football Federation Australia chief executive Ben Buckley also announced club salary caps will be increased to $1.9 million and there will be a cap exemption for an under-23 marquee player.

What's the current cap and is this increase large enough to suggest stronger players may be persuaded to come down under?
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almost 18 years ago · edited over 13 years ago
Current cap is 1.8 million Aussie dollars
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almost 18 years ago · edited over 13 years ago
that could be very handy in putting a bit more into offers to get people here
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almost 18 years ago · edited over 13 years ago
I reckon it's better than nothing. On the other hand it's not that much.
 
however, I really admire teams (or leagues) with salary caps. Many teams with lots of money don't  have limits in how much they spend - but it is crucial for the development of AUS and NZ footaball that no team goes bankrupt.
 

VUW AFC - Victoria University Football for life

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