PSR to move on! Premier League teams vote to delay new financial rules

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The Premier League ‘s Profit and Sustainability Rules (PSRs) will remain in effect for another year after clubs voted to delay the introduction of the anchoring system by a year at its most recent meeting.

Clubs initially agreed to sign new rules to replace the controversial PSRs.

Plans to introduce a new club spending cap, which would limit clubs to spending 85 per cent of their revenue on player wages, transfers and agent fees, have been delayed.

Anchoring was temporarily approved by clubs last year and was due to be introduced next season.

Clubs have now voted to delay the introduction of the system for another year, with the existing rules set to remain in effect next season.

The decision to delay the introduction of the new rules was reportedly made after Manchester City lodged an appeal against the latest Related Person Transactions (APT) rules last

week. The reigning Premier League champions informed the Premier League they would seek arbitration over amendments to the APT rules.

Manchester City won the case after an arbitration panel ruled that certain rules governing deals. With parties linked to the club were “unlawful” under the UK Constitution. However,

the Premier League swiftly amended the rules, which were approved by a majority of clubs

last week. The Professional Footballers’ คาสิโนออนไลน์ UFABET ฝากถอนรวดเร็ว เริ่มต้นเล่นง่าย Association (PFA) has threatened legal action against. The Premier League over its proposals to introduce an anchoring system.

The system would cap a club’s spending on transfers, wages and agent fees, which would directly impact the amount of money a player earns.

The exact percentage has not yet been set. But the new rules are thought to “cap” spending to around five times the income of the lowest-ranked clubs.

Sixteen clubs voted in favour of the anchoring system last year. With Manchester United, Manchester City and Aston Villa voting against, while Chelsea abstained.

The Premier League’s current PSR rules limit a club’s losses to £105m over three years,

with Aston Villa last year proposing increasing that threshold from £105m over three years to £135m.