teagueyubeauty wrote:
emtwenty wrote:
Best part of that article is the part where it says we're only spending minimum cap of 95%. New rules state you can bank the 5% and use it in future years so for example in 2017 we could spend 105% of the cap. Bank 5% of the cap for a few years and we can go shopping.
How many years can you "bank" for?
It's a rolling 3-year window, i.e. the previous two years TPP savings can be used up in one season.
The AFL's equalisation changes explainedQuote:
Will be: The introduction of a new TPP banking mechanism that allows clubs to spend over 100 per cent of the TPP and ASA limits (combined limit), if in any of the preceding two years the club spent below 100 per cent of the combined limit.
The permitted amount of overspend is commensurate with the level of underspend in the relevant preceding period.
For instance, if a club was $500k below the combined limit in 2015, it can spend up to $500k over the combined limits across 2016 and 2017
The overspend amount in any given year permits a club to spend up to a maximum of 105 per cent of the combined limit in that year.
This mechanism is effective from season 2015 (as such any underspends in 2013 and/or 2014 can be recovered in 2015)
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