League One and Two clubs have agreed squad salary caps in a bid to help them be more sustainable as they deal with the financial impact of the coronavirus pandemic.
Here, the PA news agency looks at the caps in more detail.
– What has been agreed?
A cap of £2.5million has been agreed by a vote of League One clubs. In League Two, the cap has been fixed at £1.5m. It comes into effect immediately.
– Does that mean there is a now a maximum player salary?
No. Clubs are welcome to pay individual players whatever they want, provided they stay within the overall cap for the squad.
– Why is a cap so vital?
The players' union the Professional Footballers' Association says it does not object to cost control measures being introduced to make the game more sustainable, but believes further consideration and consultation should have taken place before adopting the rules.
– Who has backed it?
Julian Knight, the chair of the Digital, Culture, Media and Sport (DCMS) committee which had called for a cap, welcomed the move as "common sense breaking out" and called on Championship clubs to follow suit. The move was also welcomed by Forest Green chairman Dale Vince, whose club were one of 22 in League Two to vote in favour.
– What about the Championship?
Clubs have held discussions around cost control measures, including a cap, but it is understood there are no current plans for a formal vote on it.