FFA to increase payments to clubs

[midfielder]

From the smh... FFA are paying more to the clubs even without the next media deal... revenue will be from the home gates of the Socceroo matches... could help us a fair bit ..

FOOTBALL Federation Australia has offered a substantial pay rise to cash-strapped A-League clubs for next season - as long as projected revenue from the business end of the World Cup campaign does not collapse.

During the second meeting of the high-powered Joint A-League Strategic Committee this week, the governing body is believed to have offered the 10 clubs a dividend of $1.9 million each for 2012-13 - a hefty increase of $450,000 from last season, and within striking range of the $2.8 million salary cap.

Part of it is funded by a new government-backed sponsorship but, significantly, the offer is not dependent on the new television deal, which is at an advanced stage of negotiation.

The deal could be worth almost double the existing exclusive contract with Fox Sports. Clubs have been told that when the new TV deal is finalised, they will no longer have to meet the costs of the salary cap.

In the meantime, the FFA has completed financial modelling, which allows for the increased dividend without TV revenue. But the World Cup qualifying campaign - the Socceroos play three potentially lucrative home games in the first half of next year - is a key factor.

While the offer is not guaranteed, only a collapse in gate and sponsorship income from those World Cup matches is likely to affect the distribution.


Read more: http://www.smh.com.au/sport/a-league/clubs-secure-pay-rise-20120724-22ndu.html#ixzz21YLA025j

 

[marvin]

Great news, now just give Western Sydney a salary cap.

 

[Forum Phoenix]

Excellent news. Our job is just to get to the socceroo games. That's my kinda job ;D