Serie B Approves Salary Cap
By iSportconnect | March 27, 2013
From July onwards, herbal new player contracts in Italian football’s second tier, Serie B, will be subject to a salary cap.
In order to stop the 22 clubs entering into financial problems, the maximum wage a player can receive will be capped at €300,000 gross per season.
A statement on legaserieb.it said: “These new rules will allow us to make further progress towards protecting the financial assets of our clubs and establishing and developing a positive cycle of income in a sustainable system.”
Salaries will be divided into a maximum amount of €150,000 and a maximum of €150,000 in bonuses.
Clubs who abuse the salary cap will receive penalties on the funds generated from broadcast revenue and other pooled resources.