CITY are prepared to keep their summer spending within the tight financial limits that they are currently fighting against.

League Two clubs were canvassed for their opinion on bringing in a salary cap for next yesterday’s EFL meeting.

National reports say the figure for the fourth tier will be set at £1.5 million – £1.2 million less than City's wage budget for last term.

The Bantams have made it clear they are firmly against the plan, which they believe will water down the competition – and could have long-term damaging effects on the lower divisions.

The issue is set to be discussed again today by the EFL board and the clubs could be asked to vote on it within weeks.

But with the EFL pressing for an early start date for 2020-2021 of late August or early September, City admit they cannot risk ignoring the potential budget limit now and suffering possible points penalties should the proposal then go through.

“You have two choices – you either do nothing for now or you work within the potential parameters of the salary cap,” said director of communications Ryan Sparks.

“That’s probably the actions we’ll take from today. We’ll work as though there is a salary cap in place because we wouldn’t want to jeopardise our league position for breaking that.

“We don’t want to delay our work in the market while we wait for a solution because that could be four weeks away.

“If the season was not looking to start until October or November, maybe we would be relaxed about it. We’d have a lot of time on our hands and wouldn’t have to go too early on certain players.

“Now it’s a case that we’re going to have to activate a few things because there’s a chance the season is going to start inside 10 weeks and we need to look at pre-season.”

Former City chief executive David Baldwin took charge of his first meeting since taking up the role at the EFL two weeks ago. But his old club voiced their disapproval of a plan they feel is being “crowbarred” in by the governing body.

“We stand strongly and oppose this proposal,” added Sparks. “We’re extremely clear on that.

“Most salary caps in sports are set extremely high, others have been revolutionised in some way.

“But this is the most anti-innovative salary cap I’ve ever seen. There are no caveats apart from one that affects younger players and I’m not sure how much of a positive impact that is going to have.

“Right now it doesn’t feel that many clubs are considering the potential problems of introducing a cap of this nature.”

City’s rise during the Phil Parkinson era was built on the cash generated by the League Cup and FA Cup runs and player sales such as Nahki Wells to Huddersfield.

The scheme being pushed towards clubs would not allow them to use their “football fortune” like that.

Sparks said: “The model that worked for us in terms of progressivism wouldn’t exist. You couldn’t spend money from transfers in salary-cap stuff or from cup runs gained in that season.

"The obvious outcome is you try to create a level playing field. But what concerns us is the greater impact on the competition as a whole."