- Manchester clubs and Aston Villa oppose ‘anchoring’ concept
- PFA opposed to ‘hard’ cap on wages; Chelsea abstain from vote
A majority of Premier League clubs have voted to explore measures that would put a cap on player spending, with only Manchester United, Manchester City and Aston Villa voting against.
Plans for a new “anchoring” concept that would limit spending on wages, transfer fees and agent fees to a multiple of the TV revenue generated by the league’s bottom club were at the centre of the latest meeting of the shareholder clubs. If approved, anchoring would be a key component of the league’s proposed new financial rules, but the deal is not guaranteed to be done.
Continue reading…Manchester clubs and Aston Villa oppose ‘anchoring’ conceptPFA opposed to ‘hard’ cap on wages; Chelsea abstain from voteA majority of Premier League clubs have voted to explore measures that would put a cap on player spending, with only Manchester United, Manchester City and Aston Villa voting against.Plans for a new “anchoring” concept that would limit spending on wages, transfer fees and agent fees to a multiple of the TV revenue generated by the league’s bottom club were at the centre of the latest meeting of the shareholder clubs. If approved, anchoring would be a key component of the league’s proposed new financial rules, but the deal is not guaranteed to be done. Continue reading…
