The Premier League has decided to postpone strict financial regulations aimed at curbing player spending, with profitability and sustainability rules remaining in effect for the next season. The new squad cost ratio (SCR) approach, meant to limit spending based on income, will continue in a trial phase. This decision comes in light of legal challenges, including significant action from Manchester City against existing financial rules and concerns raised by the Professional Footballers' Association regarding adequate consultation. Meanwhile, the league is addressing its soaring legal costs, which reached 45 million last season.
The league intends to adopt a new squad cost ratio (SCR) approach to spending controls, which would limit clubs to spending a set percentage of their income on player-related costs.
Clubs expressed near-unanimous support for SCR but agreed the system should continue in trial form for now, meaning PSR will probably continue for another full year.
Manchester City have started a second legal action against rules related to associated party transactions, amidst fears of potential litigation if the SCR plans are not adequately consulted.
The league's legal costs during last season amounted to 45 million, significantly exceeding their budget, raising concerns among clubs.
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