The Premier League is set to meet to discuss spending restrictions - with Manchester City opposed to the plan
The Premier League have agreed in principle to introducing a spending cap - despite three clubs, including Manchester City, reportedly voting against it.
With PSR rules to be replaced by a model similar to UEFA’s squad cost ratio rule from 2025, the new plans, which look at wages, amortisation, severance costs and intermediary fees as a percentage of operating revenue and player trading profit, have been criticised as not going far enough to address the competitive imbalance that exists in English football’s top tier.
It is the first time ever a cap would be introduced to the Premier League, and the vote will now go to an Annual General Meeting in June before it is potentially passed. He said: “Sources told the MEN that Manchester City would be in opposition to the introduction of a salary cap, aligning themselves with neighbours Manchester United, albeit for different reasons.
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