EFL Salary Cap Module Demo
ClubView have successfully demonstrated another product module to pilot club Oxford United – this time having worked with the club on managing the new EFL League One salary cap.
The salary cap was introduced to clubs in League 1 and 2 in August 2020, and ClubView have worked alongside Oxford United to develop a module that delivers the required information to the League, whilst offering a host of advantages to clubs as well.
The new module allows the club to manage the finances of their squad securely within the ClubView portal, benefit from enhanced UX and functionality, and to better forecast squad costs throughout the season. Meanwhile, ClubView would also allow the relevant and required information to be submitted to the League in the required format, and for the League to see how each club was performing against the newly introduced cap in real-time.
ClubView Chief Executive Matt Everett said “We are delighted to have been able to work quickly with Oxford United to develop a module to help all clubs to manage the new salary cap requirements in the EFL. We have seen with the impact of Covid-19 many reforms and changes to governance talked about, and this is one such example. Just weeks after the cap was introduced, we have been able to build a module that would benefit not only all clubs, but the League themselves as well.”
Speaking to the Sunday People, Oxford United Managing Director Niall McWilliams spoke highly of the module, and ClubView approach, saying “What it does is track the finances of the whole business, not just with respect of the players’ salary cap, but it lets you know either on a daily, weekly or monthly basis exactly where you are. What this does is brings all of our reports under one umbrella. In an instant, I can see how much room we have in the new salary cap to bring players in, for instance”.
ClubView will continue to further develop the module with feedback from Oxford United, with a view to piloting it with several more EFL clubs in early 2021.