John Henry has already outlined Liverpool stance on spending restrictions before critical vote

Liverpool owners Fenway Sports Group may move a step closer to seeing a financial control implemented in the Premier League in the coming seasons that they had been hoping for.

Premier League club chiefs will convene for a shareholders meeting in London later today (Monday, April 29) where one of the key issues on the agenda will be a vote in principle over a potential introduction of a salary cap, as first reported by The Times.

Financial controls in the Premier League have come under considerable scrutiny over the past 18 months or so, with Everton being hit with two breaches of the league’s profit and sustainability rules (PSR) for two separate financial periods, while Nottingham Forest and Leicester City have also been charged, with the former, like Everton, hit with a points deduction, although four points less than the eight the Toffees received.

Manchester City’s situation around their alleged 115 breaches of Premier League rules over a 10-year period is yet to be resolved, and with PSR rules to be replaced by a model similar to UEFA’s squad cost ratio rule from 2025, the new plans, which look at wages, amortisation, severance costs and intermediary fees as a percentage of operating revenue and player trading profit, have been criticised as not going far enough to address the competitive imbalance that exists in English football’s top tier.

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The proposed cap, which is to has been coined as “anchoring” would mean the top teams could spend only a certain proportion of the amount the league’s bottom club receives in broadcast revenue, money,