EFL clubs are edging towards embracing a salary cap – after the stunning punishment for European rugby champs Saracens “legitimised” the idea.

New EFL chairman Rick Parry confirmed bosses at the 72 clubs are now accepting there must be greater financial controls to prevent a repetition of the Bury debacle.

A BBC survey revealed Championship clubs lost a combined £307m in 2017-18, with spending on player and staff wages adding up to 11 per cent more than total income.

But Parry said that the clubs have already begun detailed discussions on how to keep themselves solvent and viable.

And the former Prem chief exec revealed Saracens’ recent £5.4m fine and 35 point deduction for breaching rugby’s salary cap rules had focused minds.

Parry said: “Post Bury, there is a much greater degree of realism among the clubs.

“Not just in terms of finances but in terms of the recent prosecutions of clubs.

“There’s an attitude where if people transgress and don’t pay wages on time they need to be punished. There’s definitely a changing of attitude.”

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