Premier League: Clubs vote to trial new spending cap system
Premier League clubs have agreed to trial an alternative financial system which operates like a spending cap in the 2024-25 season.
The Squad Cost Rules (SCR) and Top to Bottom Anchoring Rules (TBA) will operate alongside the existing Profitability and Sustainability Rules (PSR) on a “non-binding basis”.
Top-flight clubs have faced difficulties with the PSR this season, with Nottingham Forest and Everton both receiving points deductions for breaches.
Teams will be allowed to spend no more than 85% of their total revenues on squads under the new system.
Meanwhile, the TBA is an anchoring model based on the earnings of the bottom club.
The Premier League said the TBA is “designed to be a pre-emptive measure to protect the competitive balance of the Premier League”.
The clubs voted for the decision at the Premier League’s AGM on Thursday, in which they also decided to continue with video assistant referees (VAR).
Related
East of England projects to get over £3.5m in government…
The government said the money will help grow local economies, boost "national renewal" and restore community pride by bringing people together.Action4Youth has
Newspaper headlines: Mandelson seeks Farage ‘help’ with Trump and ‘not…
The Daily Mail says a "recession made in Downing Street", external is on the way, as it leads on the warning from business leaders at the CBI that the governmen
Bethnal Green Weightlifting Club faces axe after almost 100 years
Mr Bass, who has been running the club for about 50 years, said the current arrangement with the council allowed the club to operate as a registered charity and
Tottenham vs. Liverpool live score: Premier League result, updates, stats…
Tottenham and Liverpool meet in Sunday's big Premier League match in north London as the Reds aim to ensure they will be top of t
