eL Clubs and Tax Breaks

Thomas, you're worrying about tax breaks just ending up in the players' back pockets. Fair point. Easiest way of ensuring that doesn't happen is to put a cap in place as regards wages as a % of club income, then the players can't screw the clubs for the windfall and it can be invested in upgrading facilities, etc.

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Originally Posted by Dr.Nightdub

Thomas, you're worrying about tax breaks just ending up in the players' back pockets. Fair point. Easiest way of ensuring that doesn't happen is to put a cap in place as regards wages as a % of club income, then the players can't screw the clubs for the windfall and it can be invested in upgrading facilities, etc.

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I'm not worried about it cos its not gonna happen!
What I am saying is that if it did happen and players got the break it would be of no financial benefit to the clubs.
The % of turnover is common sense and any sensible club operates on this basis anyway. The tough question is should it be 55% or 65% and could this go higher if turnover goes over EUR3.0m or EUR5.0m...

Does anyone think that tax breaks and wages cap/financial policy are two seperate things? Obviously there is a cross over but they are seperate.

That is a good point aswell, it should change if it gets beyond a certain level.

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Originally Posted by thomas

The % of turnover is common sense and any sensible club operates on this basis anyway. The tough question is should it be 55% or 65% and could this go higher if turnover goes over EUR3.0m or EUR5.0m...

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