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I agree in principle but wonder who is going to be the first club to do it. The problem with lowering wages is that it only works if everyone does it. If 1 or 2 clubs do it and nobody else does, they just lose their players and things carry on. Basically the governing body for the clubs will need to force a proper wage cap and squad cap on clubs and then you get to the point of saying why not just get centralised systems and be done with it?
Yet another reason for more central control