News
Man Utd Opposes Premier League Plans To Change PSR
- Manchester United opposes the introduction of “anchoring” in the Premier League PSR.
- The club believes it would restrict top clubs’ growth and suggests improving the investment ability.
- The anchoring proposals will be discussed at a Premier League shareholders’ meeting next week.
Eko Hot Blog reports that Manchester United will push back against new proposals that would change the Premier League Profitability and Sustainability Rules (PSR), creating the possibility of more discord within the competition.
Editor’s Pick
- Breaking Boundaries: Tunde Onakoya’s Historic 60-Hour Chess Marathon
- Unveiling The Top 10 Health Benefits Of Garlic
- Bobrisky, Cubana Chief Priest and Indabosky Bahose
The club is understood to be strongly opposed to the introduction of “anchoring” for the top flight, a system whereby the biggest spenders in the league would be tethered to the income of the last-placed club.
Anchoring aims to narrow the spending gap between richer and poorer clubs, fostering a more competitive division.
Within the Premier League, a proposal emerged last year suggesting that clubs’ maximum spending on wages should be capped at four to five times the television revenue received by the 20th team in the top division.
Premier League PSR Rules
United, now under the control of Sir Jim Ratcliffe and his Ineos team, believes such a model would restrict top clubs’ growth. They suggest improving the ability of middle-ranking clubs to invest to encourage more competitiveness.
The Premier League plans to revise its PSR after a controversial season. Points deductions for Everton and Nottingham Forest have sparked strong backlash from clubs and supporters, with uncertainty over the outcome of appeals likely to linger over the final weeks of the season.
The Premier League has postponed making an offer to the EFL on revenue distribution, awaiting the outcome of its cost control discussions.
The anchoring proposals will be discussed at a Premier League shareholders’ meeting next week, with a final decision hoped for by the Premier League’s AGM in June.
Last month, clubs unanimously agreed to adopt another form of cost control, limiting player-related spending to a percentage of a club’s revenue.
Further Reading
- Pochettino Slams Chelsea Players For Being Passive In Arsenal’s Defeat
- Transfer: Club Brugge Set £20m Asking Price For Onyedika
- Nottingham Forest Request VAR Audio Record Of Incident During Everton Clash
This model closely resembles the new rules that UEFA is introducing in its club competitions, which all qualifying clubs must follow. It is believed that squad cost controls could be implemented alongside anchoring, if approved, and introduced in a preliminary form in time for next season.
Click here to watch our video of the week
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611
