Premier League clubs agree new financial control model
April 12 – English Premier League clubs have agreed new financial fair play rules but they will not be introduced until the 2025-26 season.
Leading the rule changes is a shift away from the profitability and sustainability rules (PSR) that allowed clubs to report losses of no more than £105 million over a three-year period.
Instead clubs will be governed by a ‘squad cost control’ system that will allow clubs to spend a set percentage of their turnover on first team and coaching staff wages,
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