Premier League Clubs Vote In Favour Of Spending Cap

 Premier League clubs have agreed in principle to introduce a spending cap.

A majority of clubs voted in favour of the spending cap, which will be determined by the amount of money earned in television rights by the lowest-earning club in the Premier League.

If approved at June's AGM, the new model will replace the Profit and Sustainability Regulations presently used from the 2025-26 season onwards.

The league's current financial rules, which have seen Everton and Nottingham Forest penalised six and four points respectively this season, have been criticised for favouring clubs with the highest revenue.

The new model is being referred to as "anchoring".

From BBC Sports