HomePremier LeaguePremier League spending cap: Clubs vote in favour of new model to...

Premier League spending cap: Clubs vote in favour of new model to replace PSR rules

-

Premier League clubs have voted in favour of new spending rules limiting spending to a proportion of the amount the bottom club receives in TV money.

Sixteen teams are said to have backed the proposals, with Times chief sports reporter Martyn Ziegler claiming that Manchester United, Manchester City and Aston Villa opposed them and Chelsea abstained.

The model will be presented for approval at an AGM in June and is set to replace the current Profit and Sustainability Regulations (PRS) from the the 2025/26 campaign.

Everton have been deducted six points this season and Nottingham Forest four after being found to have breached PSR.

Read our other football news stories here:
Bayern Munich v Real Madrid match preview: 
Tottenham 2-3 Arsenal: Gunners hold on for huge win in title race
Carragher tells Liverpool fans to avoid taking sides amid Salah-Klopp row

The vote result means that the final economic and legal analysis will be carried out on the proposed cap.

The idea, referred to as “anchoring”, will require approval from 14 clubs to be finally passed.

Premier League spending rules

Spending is set to be limited to five times the amount earned by the lowest club in the division in broadcast and prize money.

In an example cited by Sky News, Southampton received a total of £103.6 million from those sources in 2022/23, making the maximum a club could theoretically spend £518m.

“We will obviously wait to see further details of these specific proposals,” said a Professional Footballers’ Association spokesperson.

“But we have always been clear that we would oppose any measure that would place a ‘hard’ cap on player wages.

“There is an established process in place to ensure that proposals like this, which would directly impact our members, have to be properly consulted on.”

Clubs had previously backed Uefa rules that will require clubs involved in European competitions to spend a maximum of 70% of revenue on transfer and agent fees and player wages.

Ben Miller
Ben Miller
Ben has more than 10 years' experience in sports journalism, covering two EURO tournaments, European club competitions, the Premier League, EFL and WSL and a variety of other major sporting events.

LATEST POSTS

Chelsea next manager: McKenna ‘out of running’, Maresca ‘decision soon’

Kieran McKenna is no longer in contention to become Chelsea's next manager and Enzo Maresca wants to leave Leicester City to take over at Stamford...

Leeds v Southampton: Martin ‘overwhelmed’ by Championship play-off final 2024

Southampton manager Russell Martin has said he "wasn't an exciting appointment" at the start of a season which ended with him leading the club to...

Sacked West Ham coaches ‘didn’t have a clue’ about ‘shocking’ exit – Nolan

David Moyes' coaching staff discovered "out of the blue" about their West Ham departures a day after the season ended, Kevin Nolan has said. Former Hammers...

Cristiano Ronaldo: Euro 2024 selection puts Portugal captain on brink of new football records

Portugal captain Cristiano Ronaldo is poised to set more records after the European Championship golden boot holder was selected by Portugal for Uefa Euro 2024. The...

Most Popular