New proposed squad cost rules would limit Premier League clubs’ spending on player wages, transfers and agents’ fees to 85 per cent of their revenue
The Premier League’s profit and sustainability rules will remain in place for at least one more season, the league’s clubs agreed on Thursday, delaying the introduction of a new set of financial regulations.
While no vote was held, clubs decided to continue discussions around the new regulations after agreeing that they would not be ready in time for next season, a league spokesperson confirmed. SCR would also feature “anchoring,” which would limit how much clubs could spend on player wages and transfers to five times the revenue that the league’s bottom club receives in broadcast and prize money.Manchester City, Newcastle United and Aston Villa are among the clubs that have criticized PSR as limiting their ability to spend during transfer windows.
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