Premier League clubs have voted in favour of a spending cap

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Premier League clubs agree squad spending cap

Man City, Man Utd, Villa voted against


The proposed new rules, which are still to be agreed, would set a maximum limit based on a multiple of how much the lowest-earning club took from TV revenue and prize money, which, if in place last season, would have set the cap at £518m.

https://news.sky.com/story/premier-league-clubs-agree-squad-spending-cap-in-principle-13125829
https://www.beinsports.com/en-us/so...e-in-principle-to-new-spending-cap-2024-04-29