The measure, which still needs to be ratified in the assembly, will determine how much a club can spend according to the league’s lowest revenue
This Monday, 29th, the Premier League held a vote that 16 of the 20 clubs reached an agreement to adopt a salary cap, starting in the summer of 2025. That is, the next season 2025/26. The decision still needs to be ratified in June, during a general assembly. Manchester United, Manchester City It is Aston Villa were against the decision. O Chelsea abstained.
The ceiling will anchor the maximum expenses allowed to clubs in the English Championship, at a multiple of what the club with lower broadcasting revenue and commercial deals receives. According to the local press, the expectation is that this multiple will be five times the value in question. The spending limit must work with the squad cost rules, which also relate to how much each team can spend according to their revenue, as indicated by Financial Fair Play.
This Monday (29), The Premier League held a vote with 16 of the 20 clubs to adopt a salary cap, starting in the summer of 2025.
This decision still needs to be ratified in June, at a general meeting. Manchester United, Manchester City and Aston Villa voted… pic.twitter.com/guNpBTifB9
— Goleada Euro (@goleada_euro) April 29, 2024
The idea behind the measure is to preserve the competitiveness of the tournament. But, on the other hand, there are clubs that fear losing market space to other leagues. If the measure is ratified in June, the next summer transfer window, still in mid-2024, would be the last in the Premier League without spending limits taking into account the wage bill.
Source: sportbuzz
I am William Jackson and I have a passion for sports journalism. With over 3 years of experience in the industry, I have worked in a variety of roles to improve the quality and accuracy of sports news coverage. As an author at Athletistic, I specialize in covering football news and providing comprehensive analysis for fans around the world.
