Lansdown in the Times

[Stom]

IMO the system I would most like to see is a NBA one.
Bring in a luxury taxb (or Competitive Balance Tax)

So for example.
The NBA has a
Cap Maximum: $109,140,000
Luxury Tax Threshold: $132,627,000

For teams between $0 and $4,999,999 over the cap, the tax rate is $1.50 per $
$5,000,000 and $9,999,999 over the cap, the tax rate is $1.75 per $
$10,000,000 and $14,999,999 over the cap, the tax rate is $2.50 per $
$15,000,000 and $19,999,999 over the cap, the tax rate is $3.25 per $
$20,000,000 over the cap or above, the tax rate is $3.75 for every dollar over the cap, and increasing $0.50 for each additional $5,000,000 over $20,000,000.

In Rugby you could say
Cap £7 million no marquee players would also have it so Academy not added.
Luxury tax threshold £10 million (which is prob the most needed for Rugby ATM).
£0 - £500,0000 tax rate of £1.50 per £ over (so maximum payout to other clubs of £750,000)
£500K - £1,000,000 tax rate of £1,75 (Max payout £175000)
£1 Mill - £2,000,000 tax rate of £2.50 (Max payout £5,000,000)
£2 mill - £3 million tax rate of £3.50 (Max payout £10,500,000)
Add another £1 on the tax for clubs that repeatedly do it.

so say Bristol want their 2 marquee players for a total of 1.5 million they would have to pay the clubs £3,750,000 each club would get £340,909 for the first season and £477,272 for any season after that
and if a team wants to really be really greedy and go for the max well that would give each club nearly a extra million first season and over a million for the seasons after.

Let the rich owners have their cake but they also have to give slices to other clubs.

(I will say I would rather the cap went down and academy players didn't get included but....)

Why?

[Which Tyler]

The cap was raised too much too fast, but now we are where we are and to drop it back down would be terrible for the overall product and image of the league.

This.
Cap was raised too fast, and for the wrong reasons.
Reducing it isn't practical whilst we still have contract law in this country.
Reducing it is also terrible optics for no particular gain.

I would like to see the cap properly reworked, by an independent group of experts, given a basic "the purpose of the cap" from PRL. IMO it would include financial fair play, no marquees, better regards for loyalty and academy graduates (but not enough to stifle all movement) and a distinct lack of loopholes (eg on loan to another club for 10 minutes FFS).

Of course any new regulations like that may need a 3-year warning before being introduced to allow existing contracts to run through before then. Certainly if it ends up being a reduction in overall cap.

[Digby]

Star players could not leave in droves, there's nowhere to go. Some might leave, but some will leave were the cap increased

[Tigersman]

Now Steve is calling for ringfencing the league

[Which Tyler]

Now Steve is calling for ringfencing the league

Of course he is, he was only ever against it when Bristol were in the championship. Nothing to do with principal, or what's good for the game, only ever about self-interest and what's good for Bristol

[Mr Mwenda]

Business is business, that's usually mentioned as a virtue when speaking approvingly of rugby's sugar daddies.

[jimKRFC]

Now Steve is calling for ringfencing the league

Got a link please? Haven't seen/read it myself, but would not be in line with the Bristol supporters attitude.

[Tigersman]

Now Steve is calling for ringfencing the league

Got a link please? Haven't seen/read it myself, but would not be in line with the Bristol supporters attitude.

Rugby paper so won't be online for a few days.

[jimKRFC]

Now Steve is calling for ringfencing the league

Got a link please? Haven't seen/read it myself, but would not be in line with the Bristol supporters attitude.

Rugby paper so won't be online for a few days.

Thanks!

[Tigersman]

Got a link please? Haven't seen/read it myself, but would not be in line with the Bristol supporters attitude.

Rugby paper so won't be online for a few days.

Thanks!

Nothing new for him though in terms of ringfencing.
https://www.bbc.co.uk/sport/rugby-union/46922849