The English league, which wants to improve and preserve the financial sustainability of the clubs, will review the purchase and sale operations of footballers. They seek to fulfill the recently approved financial “fair play” commitment.
The Premier League will carry out exhaustive monitoring of the buying and selling movements of footballers of the clubs with the aim of verifying that they do not circumvent the internal rules of financial fair play, which was recently approved in its London Annual General Meeting (AGM).
After several transfers set off alarm bells, “The football league has the right to review all these transfers to verify that they are made in good faith.” If clubs are found to be intentionally circumventing the rules, they could risk disobeying the guidelines.
Premier League seeks to comply with financial fair play
Cases such as Aston Vila’s signings for the midfielder Tim Iroegbunam and winger Lewis Dobbin, for US$11.3 million yu$s12.6respectively, made the Premier League focus on transfers. However, the transfers carried out so far have not violated any written rules, but rather take advantage of a legal loophole.
Likewise, Chelsea is close to signing Omari Kellyman for $24.2 million, while Ian Maatsen, for a total of $44.2 million, making a total of $74.5 million. bordering on the salary limit recently imposed by the Premier Leaguesignificantly reducing the salary of its signings compared to past seasons.
The clubs in the English competition have seen their purchases reduced due to this cut. The records from last season are very far from those made during the 2022-2023 winter transfer market, when Premier League teams invested US$1,018.2 million in signings.
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The Financial Express
Only Chelsea spent, during that same season, US$320.2 million on the arrival of Mykhailo Mudryk and Enzo Fernández, among other players.
One of the initiatives, called Squad Cost Rules (SCR), dictates that Clubs cannot spend more than US$132.57 million in a period of three seasons. Meanwhile, the Top-to-Bottom Anchoring Rules (TBA) imply that clubs cannot spend more than a multiple of the income of the club with the least income in the league, still to be determined.
Source: Ambito
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