Some great news for Sunderland! The EFL salary cap for Leagues One and Two has been withdrawn following a decision by an independent arbitration panel.
The EFL salary cap was set at £2.5million per club in League One and £1.5million per club in League Two, but the Professional Footballers' Association challenged the caps, saying they were "unlawful and unenforceable", and an independent panel has now forced the caps to be withdrawn.
PFA chief executive Gordon Taylor said: "We were disappointed that the EFL decided to introduce salary cap proposals, which were voted through without the proper consideration or consultation with the PFNCC. As a result, in August 2020, the PFA served a notice of arbitration on the EFL stating the introduction of the new rules were in breach of obligations under the constitution of the PFNCC. We are pleased the panel upheld the PFA's claim. Like everyone involved in football, the PFA wants to see sustainable clubs at all levels. We also recognise the huge economic pressure that clubs have come under due to the Covid-19 crisis. The PFA believes it is now in the best interest of the leagues, the clubs, and the players to work together and agree on rules that promote financial stability."