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Connor O'Neill

Championship's 'dreadful situation' means salary cap must be introduced, says former club owner

Former Crystal Palace owner Simon Jordan wants to see a salary cap introduced in the Championship.

Clubs in League One and League Two recently wrote to the EFL asking for salary caps to be introduced next season.

Sides across the EFL are already feeling the pinch with football suspended until further notice due to the Covid-19 outbreak.

While the Premier League are believed to be planning for a June restart, the EFL are yet to confirm anything other than they plan on finishing the season when it is safe to do so.

And Jordan, who believes clubs are “losing hundreds of millions of pounds” at the minute, wants Championship sides to introduce a salary cap in a bid to project clubs. 

“The challenge for the Championship is that people come out of League One and they get sucked into it; if they don’t, they finish bottom of the league,” he told talkSPORT.

“That’s why Luton have been struggling because of their desire to make sure they’re economically viable.

“And then you’ve got the top of the league that are so close, they’ve got a whiff of the allure, the lustre and the finances of the Premier League. So it makes it almost practically impossible.

“That’s why a salary cap for the Championship [is needed]. Currently there are salary caps inside the Football League. Someone that’s a supposed football expert said I didn’t understand there were salary caps.

“Of course I know there are salary caps. They’re not really being policed as they should do, but the Football League has got salary caps at 60 per cent in League One and 50 per cent in League Two.

“But it hasn’t got one in the Championship, and of course the drip down effect of the Championship affects League One in the same way the drip down effect of the Premier League affects the Championship.

“You’re in a dreadful situation where clubs inside the Championship are losing hundreds of millions of pounds.”

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