The CapEx Cost Cap: How Much Is Too Much?

"We desperately need a bit of headroom on the CapEx cost cap because we're full with just updating computer systems, licenses that we need," he says. "Some of the bigger teams had the infrastructure that we require prior to the cost cap coming in and now they can't get to a level playing field." 'It's not the fault of anyone because we're learning the cost caps new, the frozen engines new,' adds Schmeichel.