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PSR era in Premier League to continue after clubs oppose new spending rules
['Paul Macinnes']
Guardian South Asia
The era of profitability and sustainability rules (PSR) in the Premier League will likely continue after another quarterly shareholders’ meeting ended without progress on adopting new measures of financial governance.
League executives have spent the past 18 months attempting to introduce two new ways of controlling spending in the competition with clubs reluctant to sign up, despite a number of sides falling foul of the current PSR system.
One of the two proposals, known as the squad-cost ratio, would limit spending on wages to 85% of revenue.
The second proposal, known as anchoring, would limit spending for all clubs to a multiple of the revenues of the bottom-placed side.
after newsletter promotionAnother discussion regarding the new rules centred on the possible impact of the incoming independent football regulator.
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