Support for Portsmouth, Sunderland and Ipswich as Plymouth also against League One salary cap proposal

Pilgrims chief executive Adam Parkinson is in favour of some sort of wage ceiling in the Football League – but believes it should be in line with self-sustainability.

A salary limit of £2.5m per club in the third tier could be implemented for the upcoming 2020-21 season.

That would mean Pompey will have to slash their wage bill – currently around £4m – to be in line with the rest of the division.

That’s despite the Blues posting a profit of £2.05m and turnover of £11.57m in their most recent set of accounts.

Mark Catlin has been spearheading the fight against a salary cap and is supported by the likes of Sunderland and Ipswich.

Nine teams need to reject the proposal for it to vetoed at a meeting at the end of this month.

And, as things stand, Plymouth would be against it.

Parkinson told Plymouth Live: ‘First and foremost, I think the finances of the game have to be addressed.

‘We want to be a sustainable club – a sustainable club in the Championship at some point – and in order to do that then clearly costs have to match your revenues.

‘Some clubs have got wage percentages that are over 100 per cent of their turnover. It just does not stack up as a viable business.

'We are more supportive of having the current regulation in place (the Salary Cap Management) and being more robust in how it’s enforced.

'What we don’t think is right is that there should be a salary cap which is the same for everyone, whatever your means.

‘If you can live within your means and you can be sustainable, then that’s the way it should be approached rather than it necessarily being the same for everybody.

‘That being said, a restriction on players’ wages – which is the biggest cost that clubs have – clearly has to be addressed.

‘So if that (a salary cap) does come into place then obviously I can understand why that would be the reason and we would have to support it.’

However, Plymouth may not be included in the League One vote – and instead in the fourth tier.

Catlin told The News last week that Coventry, Rotherham and Wycombe – who will all be in the Championship next term after being promoted – are set to take part in the League One vote.