Premiership clubs have been given the green light to spend more TV money on wages next season. Under current rules, clubs are able to use television money to increase total wage bills by £4m a year. From next season, that figure will increase to £7m a year.
The rules only apply to TV money. Clubs can spend gate money, sponsorship revenue and merchandise sales how they like. They will apply only to clubs with wage bills higher than £67m next season, £74m in 2017-18 and £81m in 2018-19. However, a typical mid-range club now has a wage bill of around £70m a year.
Premiership clubs have been given the green light to spend more TV money on wages next season. Under current rules, clubs are able to use television money to increase total wage bills by £4m a year. From next season, that figure will increase to £7m a year.
The rules only apply to TV money. Clubs can spend gate money, sponsorship revenue and merchandise sales how they like. They will apply only to clubs with wage bills higher than £67m next season, £74m in 2017-18 and £81m in 2018-19. However, a typical mid-range club now has a wage bill of around £70m a year.
Clubs affected will include Crystal Palace whose wage bill was £68m and have been close to the limit in the past, affecting their ability to retain players.