The top division of English football decided to test the introduction of a spending limit for all teams. It will mean that clubs will not be able to spend more than 85% of their income.
At its Annual General Meeting, the Premier League put a ceiling on salaries.
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The member clubs of the Premier League They met in London and approved, as “experimental alternative financial system”, a spending limit applicable to all clubs, which will be 85% of your income. The new regulations will begin to be applied from the following season in a “non-binding” manner.
The Premier League explained in a statement that These changes, added to the regulations already in force, “aim to improve and preserve the financial sustainability of the clubs.” and competitive balance, in addition to promoting the aspirations of clubs, facilitating their viability in terms of regulations in other competitions such as UEFA and providing clarity and certainty for clubs, fans and interested parties.
This initiative is called Squad Cost Rules (SCR), which translates as campus cost norms. The other rules related to the financial system will remain in force: the Profitability and Sustainability Rules (PSR), which dictates that clubs cannot spend more than $133.4 million (£105 million) in a three-season period, and the Top to Bottom Anchoring Rules (TBA), which implies that clubs cannot spend more than a multiple (which is not yet known) of the income of the club that earns the least in the league.
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Reuters
The English league explained in the letter that “These regulations should not have any impact, unless there are significant income divergences between clubs.”.
In Spain, the salary limit defined for the 2023-2024 season was set at US$2.7 billion after the winter market. Real Madrid, Atlético de Madrid and Barcelona were the three teams with the highest Sports Plan Cost Limit (Lcpd). In this sense, Real Madrid remained the club with the highest salary limit of the season after the winter market, with US$785.4 million.
On the contrary, with US$540.2 million less compared to the group chaired by Florentino Pérez, Barcelona set its maximum for the second half of the course at US$220.4 million. The salary bill of the Blaugrana club’s squad was reduced by 24% compared to the first half of the year.
Beating the Blaugrana team, Atlético de Madrid stood out as the second club on the list with the highest salary limit, exceeding US$237.3 million2% more in relation to the period between August and December.
Source: Ambito
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