The impending introduction of a salary cap into the Premier League could heighten the need for clubs to make the most of the opportunities that lie in the United States.
Last month an agreement in principle was reached regarding a salary cap being brought into English football's top tier. The move is an attempt to try and address the ever-growing gap between the biggest clubs and the rest of the division when it comes to revenue and spending.
At a shareholder meeting in London, the 20 member clubs voted on whether to introduce a spending cap that would be anchored to the broadcast revenues received by the team that finished last in the league the previous season. For context, that figure was £103.6million to Southampton in 2022/23.
The plan was to set a salary cap at five times that amount, with the sum to also include the costs for amortisation and agents fees. It was to be brought in as a backstop to the proposals for new financial controls to replace profit and sustainability rules from 2025, with the new regulations akin to UEFA's squad cost ratio rule.
Sixteen clubs were in favour, but Aston Villa, Manchester City and Manchester United were against, with Chelsea choosing to abstain. A final decision will be ratified at the Premier League’s AGM this summer.
While seen by some clubs as a way to stop Man City from further strengthening their advantage when it comes to spending power through their mammoth revenues, could the introduction of such a measure be damaging to the Premier League in the long run? Neil Joyce, CEO of direct-to-fan data firm CLV Group, believes that the need for clubs to make their mark stateside is more important than ever given the financial controls coming down the tracks.
Man City voted down as
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