Quote: Richie "I'm not so sure about that. The current cap, where we can guarantee a limit on player salary expense, that there will never be a race away of player salaries and we can put a fixed number on the expense needed to be construct a competitve team, is more likely to attract investment than discourage it.'"
But all the evidence is to the contrary - money pours into the premier league despite the fact that you'll basically lose your shirt investing in Latics, Wolves, etc. I shouldn't have used the word 'invest' - the reality is that most rich people that put money into sport ( perhaps nowadays with the exception of the very top premier league sides ) do so more in hope (and for their egos) than expectation. Same in Union. But that's their fault - you can protect the sport without turning away their money.
Put it this way, if I won the Euromillions, I'd want to get Billy Slater, etc. to Wigan. I'd even sign Johnny Wilkinson - not for the sake of a player, just to get my club on the front pages and make people take notice of WIgan and Rugby League and shove one up the RaRa press. Now, if I was given free reign, it might screw the sport up, because in trying to make Wigan the greatest club bar none, I might fill it with Aussies and put the next best 50 players in the world in the reserves.
So I'd need some rules to stop me doing that. But in devising rules to stop *that* happening, you don't need to throw the baby out with the bath water and insist on a hard, and too low, cap.
Limit the squad, limit the overseas players, set a soft cap, where overspend is taxed and given to grass roots, and set another hard cap which is based on an independent auditors opinion of 'can the club afford this'.