Manchester United against proposed changes to Premier League finance rules

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Manchester United against proposed changes to Premier League finance rules
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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

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