Today is the day that all clubs will meet to choose whether a salary cap will be implemented for the upcoming 2020-21 season.
League One clubs are voting for a ceiling of £2.5m on playing budgets, which includes tax, National Insurance, medical costs, agents’ fees, appearance and win bonuses.
Players already contracted will be treated as the divisional average wage of £1,300 per week.
Pompey are firmly against the salary cap and need another eight allies to reject the proposal.
We’ve taken a look at what each club has been saying in the build-up...
13. MK Dons
Dons executive director Andrew Cullen told the Milton Keynes Citizen that 'there is talk of a salary cap as well to keep the EFL competitive, unlike in the Premier League, where you can pretty much put your money on the clubs who will be competing' and make even make the competitiveness in League One even tighter. Photo: Pete Norton
14. Northampton
Chairman Kelvin Thomas told the Northampton Chronicle in May that 'we’re very much in favour of some radical thinking in terms of changes for football in the long-term' and there needs to be a reset beyond the coronavirus crisis. Photo: Shaun Botterill
15. Oxford
U's manager Karl Robinson is firmly against the wage ceiling. He said ‘if owners want to spend money they should be allowed to, as long as the club is safe' and that it will cause a Premier League 2 in the EFL. Photo: Andrew Matthews
16. Peterborough
Director of football Barry Fry recently told Peterborough Telegraph that the Posh are 'okay with the idea of a salary cap as it doesn’t include the wages of players under 21 and we have 10 of those'. Owner Darragh MacAnthony proposed a 'bracketed' wage ceiling depending on revenue per club. Photo: .