A transfer embargo has been placed on Morecambe. Rules in League 2 state that no more than 60 per cent of a club’s income can be spent on wages. The salary cap was introduced in 2006. Hartlepool and Swindon were the first two clubs to be hit by the regulations. Morecambe have seen their average attendance cut by a quarter compared with last season. ‘From an average of 2,800 to around 2,100 this season, that amounts to an awful lot of money,’ said Morecambe vice-chairman Graham Hodgson.
A transfer embargo has been placed on Morecambe. Rules in League 2 state that no more than 60 per cent of a club’s income can be spent on wages. The salary cap was introduced in 2006. Hartlepool and Swindon were the first two clubs to be hit by the regulations. Morecambe have seen their average attendance cut by a quarter compared with last season. ‘From an average of 2,800 to around 2,100 this season, that amounts to an awful lot of money,’ said Morecambe vice-chairman Graham Hodgson. ‘Clearly you can’t just cancel contracts or get rid of wages, so the only way the Football League can control it is to put an embargo on you.’ And Hodgson feels League Two clubs are facing a bigger threat than normal. ‘It shouldn’t be a voluntary code in League One but mandatory in League Two, it should be consistent throughout the leagues.’