Manchester United against proposed changes to Premier League finance rules

  • 📰 Observer_Owl
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Business News News

Manchester City are reportedly also opposed to the proposals.

Manchester United are set to oppose proposed new squad cost rules at a meeting of Premier League clubs on Monday, the PA news agency understands.

Earlier this month Premier League club unanimously voted in support of squad spending caps linked to revenue being a key principle in the new-look cost control system, similar to UEFA’s financial sustainability regulations. The Premier League’s current financial rules are set to be phased out by the season after next and “anchoring” is a layer of the new proposal, which would cap the richest club’s wage bills as a multiple of the television money earned by its bottom club.

Crystal Palace chairman Steve Parish said last October that the Premier League is looking at a cap on a club’s wage bill in order to keep the top-flight competitive.Crystal Palace chairman Steve Parish wants to see changes

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in BUSİNESS

Business Business Latest News, Business Business Headlines