Just In:New Premier League Rule Emerges After Everton and Nottingham Forest Were Handed Points Deduction.
Just In:New Premier League Rule Emerges After Everton and Nottingham Forest Were Handed Points Deduction.
According to Sky Sports, a salary cap has been suggested as a potential new Premier League rule modification
following this season’s point deductions for Everton and Nottingham Forest.
According to Mark McAdam, a shareholder meeting scheduled for April 29 will determine whether or not clubs
are in favor of talking about modifying the current profit and sustainability regulations.
There have been suggestions of introducing a salary cap, a cap on the amount clubs can spend on players,
agent fees, and amortized transfer costs, as well as a cap of four times the broadcast earnings of the team in last
place.
“This is a really important period for all of the Premier League; a lot of things are being discussed about how
they could change rules and rules could come into place,” McAdam said during a live broadcast on Sky Sports
on April 29.
Especially with PSR, which has been extremely important this season, as we’ve seen with the points that
Everton and Nottingham Forest have lost due to financial infractions.
“At today’s shareholders meeting, there are discussions about perhaps amending the regulations to impose a
pay cap. These regulations may be implemented in 2025 or 2026. But the purpose of today’s vote is simply to
gauge their enthusiasm in proposing additional regulations.
“A cap on what individual clubs can spend on players, agent fees, amortization transfer fees,
and preventing sides from spending billions on players are some of the things that are being discussed.”There is
talk of capping broadcast revenue at four and a half times that of the Premier League team that finishes last.
That currently comes to about £456 million.
Salary ceiling for Premier League suggested following Everton’s financial woes
Since meetings are currently taking place ahead of the summer, the Premier League clubs have been discussing
this salary ceiling for some time. This might be the first step toward leveling the playing field in terms of
finances.
This season’s point deductions issued to both Everton and Nottingham Forest spurred teams to action as they
realized the potential consequences of their extravagant spending, as evidenced by the quiet January transfer
market.
Following the events at Goodison Park, it has become widely acknowledged that new regulations are required.
Supporters, commentators, and clubs have all called for the implementation of new regulations.
The first step toward that happening is this meeting.
It is also possible to argue that maintaining the status quo and giving clubs the ability to spend four times the
earnings of the lowest-earning teams will benefit the teams at the top of the division.
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