There is no 65% rule
With so much debate recently about squad budgets, HU-FC.co.uk asked John Moules of the Conference to spell out what it is all about.
He has kindly taken the time to clarify the situation and we print his response in full.
The Football Conference do not have a 65% Rule, says Mr Moules.
"Each club have received an agreed budget which following each individual clubs presentation of financial details and request on the budget it required to operate within for season 2003/2004. Details of these budgets are confidential to each club. No club had its budget request refused as they all met the criteria agreed by the 22 member club chairman.
"No club has been disadvantaged by the approved playing budget and they have been agreed by every club in writing.
"Comments being made by certain individuals publicly are inaccurate and wholly misleading as the system has been approved by all clubs and is working to the benefit of all concerned."