eL Clubs and Tax Breaks

**Dr.Nightdub** · 07/07/2006, 2:23 AM

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.

**thomas** · 10/07/2006, 12:37 AM

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.

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...

**A face** · 10/07/2006, 2:01 PM

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.

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...