The gap between caps is so incredibly vast that it means the ones coming down will be the worst of the very, very best. Who are much more likely to be comfortably the best of the worst as a result. It’s too big - it isn’t like now where you can come down and find yourself pitted against equally large clubs who may have a bit to spend, or modest sized clubs with decent budgets as they’ve sold millions of pounds of players and have decided to up a gear. As it stands we would be around a million quid over budget, and we were mid table on spending last season. 2.5m is around what we spent in L2 five years ago, and that’s now the norm. The gap is going to be so big that any team relegated is going to be a heavyweight suddenly fighting a load of bantamweights. All the clubs with 4, 5, 6m budgets won’t be there. Unless they’ve come down already and then they all just bottle neck. I’ve already also gone into how before they come down to begin with Championship (PL2) clubs will have been able to sign and hoard all the players that clubs at our level can no longer afford. Players that would’ve gone to the bigger clubs at this level like Portsmouth or Ipswich, or clubs who are in a position to spend a bit like us and Peterborough, will now be much more inclined to skip us out all together because nobody in this league can pay more than 1500 a week on average, and 2500 a week in the next division is still chicken feed but infinitely more than we can offer.
This, by the way, is before you even consider whether or not a club is as desirable to a potential buyer anymore. Why would you buy a club if you can’t invest to expand the business? To the point that even if the business generates profits without needing a sugar daddy splurging on it all, you aren’t allowed to invest any of it? Why on earth would anybody buy any business if they were told they weren’t allowed to invest in it and were capped to how large it was essentially allowed to be? How is that going to help any club in financial difficulty (nobody is starting from zero - the debt is there already) attract a new buyer, when that buyer is totally hamstrung and is essentially signing up to nothing but existing debt management, with no ability to invest? And then when that club can’t find anyone to take it on because it can’t grow, and it’s fighting against bigger and bigger opponents every year who are pulling further and further away, what happens to them then?
Come on!