Premier League Teams Unite to Enact Innovative Financial Regulations, Ushering Out PSR
Following Thursday's annual general pow-wow, Premier League clubs are set to pilot two avant-garde financial straitjackets starting next season. In an innovative twist, these fiscal constraints aim to coexist with existing Profitability and Sustainability Rules for the 2024-25 skirmishes on the grass.
At this significant meeting, the honchos also nodded their heads to maintaining VAR in play. The proposed Squad Cost Rules will cap pitch-side expenses at 85 percent of a team’s takings, including the kerching from kicking…