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| MC says we've spent 450,000 under the salary cap so what happens to the money are we allowed to keep it & spend the money on new players for next season or can we just bank it.
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| Huh ? Are you aware that clubs that can’t afford to spend the cap. Don’t. The full salary cap money isn’t just given to the club by the RFL.
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| Why do you think we've spent £450 thousand under the salary cap?
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| I don't believe we receive all of the 1,825,000 that each club gets either
We are fined some of the above for not meeting sky's stadia criteria
The cap was £1.825m per season
but rose to £1.9m in 2018, £2m in 2019 and £2.1m in 2020
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| Quote ="wakey warrior"MC says we've spent 450,000 under the salary cap so what happens to the money are we allowed to keep it & spend the money on new players for next season or can we just bank it.'"
This has to be the most confusing post for some time.
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| Quote ="wakey warrior"MC says we've spent 450,000 under the salary cap so what happens to the money are we allowed to keep it & spend the money on new players for next season or can we just bank it.'"
I assume you mean if we had the money but chose to save it rather than spend it this year, so we could spend to cap next year...... I clearly don't know but I'm thinking you could.
..... For Wakefield we don't have the money to save in the first place. So it isn't an issue.
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| That's all I wanted to know Pop Tart thank you I just wondered what happened to money we didn't spend on the alary cap it wasn't that hard a question
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| Quote ="wakey warrior"That's all I wanted to know Pop Tart thank you I just wondered what happened to money we didn't spend on the alary cap it wasn't that hard a question'"
I think it was confusing because you made it sound like there was an unspent £450K floating around. There isn't. What he meant is that we get good value for money and do well, bearing in mind we spend so little.
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| Quote ="Slugger McBatt"I think it was confusing because you made it sound like there was an unspent £450K floating around. There isn't. What he meant is that we get good value for money and do well, bearing in mind we spend so little.'"
Thank you for that I just wondered thats all
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| Quote ="wakey warrior"That's all I wanted to know Pop Tart thank you I just wondered what happened to money we didn't spend on the alary cap it wasn't that hard a question'"
I still don’t understand. If you had the money to spend the full cap, you would. The reason we don’t spend the full cap is because we don’t have the money to spend in the first place. Hence we are punching above our weight.
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| What he is saying which is pretty valid is:
If we spend £400k less than the cap
Could we save £400k next year and spend £800 under the cap and then the year after use the money to spend full cap.
I think the rules would allow it but you'd be risking being so out of your depth in Super League that you end up in MPG and then you'll be in a lower league and can't spend the money anyway.
If you survived on a smaller squad you could in theory bring in a big name marguee player the year after but it would be short term thinking.
The principle of not spending your money all at once though does work.
Carter himself has saved money to allow for a loan signing later if you need it. If you spend all your money on first day of season (or allocate it to be more exact) you have to sell or terminate contracts to change the team.
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| Surely we don't spend the full allowance because we need the money to finance many other things. The amount we spend on players is only the surplus after other essential expenses. We don't "save"anything.
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| Correct
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| Quote ="Wollo-Wollo-Wollo-Wayoo"Surely we don't spend the full allowance because we need the money to finance many other things. The amount we spend on players is only the surplus after other essential expenses. We don't "save"anything.'"
Which is why we need more paying supporters.
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| Quote ="Khlav Kalash"Which is why we need more paying supporters.'"
And/or sponsors
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