Two main options have been proposed for spending control
Premier League stakeholders have failed to agree on changes to its financial rules after a shareholders’ meeting ended without progress on proposals to replace the current profitability and sustainability regulations (PSR).
Clubs are interested in new measures designed to control spending, but Tuesday’s meeting in central London ended with no decision or clear timeline for a vote.
There are two main options being proposed for a new framework for spending control. The first, known as the squad-cost rules, would restrict wage spending to 85 per cent of a club’s revenues.
Nine clubs in the league that are playing in European competitions are already adhering to such a system due to Uefa’s rules, and they are said to prefer the flexibility the existing PSR model gives them in domestic football.
The second proposal, known as anchoring rules, would ensure that clubs cannot spend more than a particular multiple of the revenues earned by the league’s bottom-placed side.
Many clubs are against anchoring but its supporters argue it would help the league to remain competitive, which they claim is key to maintaining the Premier League’s attractiveness around the world.
