Saracens made the restriction of trade argument and it was chucked out of court.
But, yes, if you're going down the percentage route it has to be more sophisticated than turnover. The bond is a good idea. I also like El Pres's suggestion that all clubs have an EFL-approved non-exec director to...
The problem with percentages is that it's easy to fiddle the books: an over-inflated sponsorship deal here, a stand naming there and before you know it, a team has a salary cap five times higher than the rest of the division
I don't understand why people on that Pompey forum are talking about it being illegal - although none of them can suggest what law is being broken. Nor do any of them point out that the Premiership has had a salary cap for more than 20 years without anyone questioning the legality of it. The EFL...