Reforming PSR, rebalancing football's wage structure and sorting out the EFL settlement are all on the menu
Spending rules have been around in one form or another for 13 years but it was last year that they begun to bear teeth. Points deductions forthey have found a glass ceiling preventing them from investing in players to take them forward. A nadir was hit on Tuesday when, coach of the supposedly richest club in the world – an epithet they’ve always resented, in fairness – said the club couldn’t afford to bring in both a centre-back and right winger.
Another Premier League club renowned for its innovation put forward a proposal to auction off their PSR headroom to the highest bidder. It also heavily impacts the market for younger players. Clubs can stockpile younger players at other outposts of their multi-club model and give themselves first refusal if they develop well.While the Brazilian is probably delighted, he only made the move because City had the privileged opportunity to take a risk on him early and move him to Troyes, a club he never played for and who saw no real benefit from his talents.
The reason? Brexit. With Premier League clubs now unable to scout the best under-16 players from Europe, they had to start parking their tanks on the lawns of their rivals.“With Brexit everyone is looking at the same group of players so the internal academy recruitment market has got mega competitive and with the rules set up to encourage people to develop their own and sell them on it’s become even more competitive,” he said.
Over the past decade, the number of players over the age of 26 getting Premier League moves has almost halved from 34.4 per cent of all permanent signings in 2014-15 to just 17.5 per cent this summer. Eight top-flight teams haven’t signed a single player over 26 and no 29-year-old has joined a Premier League club on a full-time deal this summer.On the other hand, 29 per cent of transfers 10 years ago were of players aged 22 or under, up to 45 per cent this summer.
The primary factor in the decline of interest in older footballers is that they command huge wages. As football finance expert Dr Rob Wilson explains: “There is no value in transferring players in that 26 and up category, because they typically are expensive and come with significant wages.
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