Premier League clubs agree new set of financial regulations but steer clear of a hard spending cap
Monday 24 – Premier League clubs have approved a major overhaul of the league’s financial regulations, voting to scrap the long-debated Profitability and Sustainability Rules (PSR) and replace them with Squad-Cost Rules starting next season.
Clubs will be limited to spending no more than 85% of their football revenue plus net profit or loss from transfers. It’s a shift meant to bring the league closer to UEFA’s model, which caps football spending at 70% of revenue for clubs in European competitions.