Premier League clubs agree cap on spending as part of reform

Premier League clubs have voted unanimously to adopt rules that will cap spending on players, as part of a reform of controversial profitability and sustainability rules (PSR).

The full reform of PSR rules is underway, with officials hoping it will be completed by the time of the Premier League AGM in June.

Under the proposed controls clubs in European competition would be limited to spending 70% of their revenues on player-related costs (transfer fees, agent fees and wages). The other clubs will be able to spend 85%.

Granted the timing for such a proposal goes to plan without any delays, and the new rules will be tried out in shadow form next season before being implemented in 2025/26.

According to The Guardian, minor breaches of the new rules could result in financial penalties, but points deductions will remain the chosen sanction for any serious breach.

Something for clubs like Everton to consider, while Man City ignore it all.

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