""The new SCR rules are intended to promote opportunity for all clubs to aspire to greater success and bring the league's financial system close to Uefa's existing SCR rules, which operate at a threshold of 70%," a Premier League statement read. "The other key features of the league's new system include transparent in-season monitoring and sanctions, protection against sporting underperformance, an ability to spend ahead of revenues, strengthened ability to invest off the pitch, and a reduction in complexity by focusing on football costs.""
"Squad Cost Ratio (SCR) got 14 votes in favour and six against, which is the minimum number that is required to exact a rule change. Clubs will have a limit of 85% of revenue, although teams in Europe will have to adhere to Uefa's limit of 70%. Rules around sustainability, which set out a club's financial spending plans over the medium and long term, were passed unanimously."
The Premier League will introduce a Squad Cost Ratio (SCR) system from next season, elected by clubs with 14 votes for and six against. Clubs face a squad-cost cap of 85% of revenue, while clubs competing in European competitions must follow Uefa's 70% threshold. Sustainability rules addressing medium- and long-term financial plans passed unanimously. Anchoring, which would have capped spending based on the bottom club's earnings, failed to reach approval. The new system includes in-season monitoring and sanctions, protection against sporting underperformance, capacity to spend ahead of revenues, and three resilience tests: Working Capital, Liquidity, and Positive Equity.
Read at www.bbc.com
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