The Virtual Terrace • Featherstone
wrencat1873 wrote:
Almost doesn't matter with the 2 marquee player rules.
It will be interesting if there is any benefit in the exchange rate for them (as with Catalan).
The set the exchange rate against the Euro very favourably for Catalan, effectively giving them an additional 20% over the top of the cap.
I dont know if this has been reduced yet ??
It’s not set “very favourably” that’s misleading.
It’s set at the exchange rate however then events such as the quick and deep dip in the strength of the pound is taken into account. Because obviously Catalans like any club have players on contracts that were negotiated when the exchange rate was “better”.
For instance in 2015 a Euro was worth 70p in 2016 it was worth 90p.
You can’t expect Catalans to just drop a massive % of their salary cap because of UK issues. Not to mention the average wage in France is higher than in the UK.
There has to be graduated correction in the exchange rate used for Catalans salary cap.
Statistics: Posted by Him — Sun Oct 06, 2019 5:43 pm — Replies 147 — Views 5976