The Premier League prepares to vote on financial rules: what will change for clubs.

Possible changes in the Premier League clubs' financial rules

According to The Sun: In November, Premier League clubs will have the opportunity to vote on new financial rules.

During the shareholders' meeting of the 20 clubs on Tuesday, a decision to abandon the current PSR rules in favor of new UEFA standards was not reached.

The Premier League's financial rules may soon change Getty

However, league executives are confident that it is time to address this issue to ensure transparency for the next season, and are already preparing alternative options for voting.

Clubs are expected to be given a choice, as well as the requirement for a clear position on the new rules.

The PSR rules in place for over ten years limit losses over a three-year cycle, while the Squad Cost Ratio allows for real accounting.

Under the new rules, clubs will be able to spend a maximum of 85% of their annual income on salaries and transfers.

Clubs participating in UEFA competitions — a record number this season — are already required to adhere to a 70% limit of their revenues.

Although a shift to new standards was preliminarily agreed upon 18 months ago, certain doubts among clubs led to the suspension of the original implementation plan for the SCR.

Some clubs seek to maintain the PSR until they explore potential loopholes in the existing rules, such as selling the Chelsea women's team to new owners for £200 million to realize a profit on paper.

Clubs are also demanding more information regarding sanctions for those who exceed spending limits, which are currently calculated 'in real time', unlike past PSR criteria, which were assessed retrospectively.

There are also concerns about 'anchoring' costs, which would limit clubs with greater financial capabilities. This means they will not be able to spend more than four and a half times the club with the lowest revenue.

For example, last season the club that finished last, Southampton, received £109.2 million from Premier League funds, meaning no club will be able to spend more than £491.4 million on transfers and salaries.

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Representatives of the Premier League clarified their point of view regarding the concept of 'anchoring', emphasizing the long-term benefits of a competitive league where the financial capabilities of clubs do not distort the game.

Some club owners acknowledge that upcoming broadcasting deals — a primary source of revenue for many of them — could be threatened if the balance in competition is lost.

However, some 'smaller' clubs resist changes at this moment, despite prior agreements.

For the changes to take effect, 14 of the 20 clubs need to support them, while 7 votes against are sufficient to block the initiative and maintain the current PSR limits for the next season.

It is important for Premier League clubs to find a balance between financial return and stability. Changes to financial rules could significantly impact the market structure and the growth prospects of clubs, especially in the context of upcoming broadcasting deals. This issue requires attention and serious discussions among all participants.