Premier League clubs 'agree to spending cap development plans'

Premier League clubs have reportedly voted in favour of introducing a development plan for a spending cap from the start of the 2025-26 campaign.

The plans are designed to prevent the gap between the Premier League's financial powerhouses and lower-half sides from widening, and 16 teams agreed to the spending cap plans.

However, three European-chasing teams in Manchester United, Manchester City and Aston Villa are believed to have voted against the idea, according to a report from BBC Sport.

The aforementioned clubs supposedly believed that the development of a spending cap could negatively impact the competitiveness of the Premier League, as well as punishing clubs with larger revenues and putting them at a disadvantage against European sides not governed by similar rules.

Meanwhile, Chelsea — who have splashed the cash at a relentless rate under the Todd Boehly regime — abstained from the vote, but all other top-tier teams gave the proposals the thumbs-up.

The shareholders of the Premier League are said to have discussed the spending cap plans during Monday's meeting in London, and an official vote will be taken during the Annual General Meeting (AGM) in June.

While Monday's vote means that the Premier League can now go ahead and develop a spending cap model, it does not necessarily mean that one will definitely be implemented, as another vote will be required on that matter.

The start of the 2025-26 season will see squad cost rules come into effect, and under the spending cap regulations, a club's business will be governed by the commercial and broadcast earnings of the side finishing bottom of the league.

The Athletic claims that the original idea was to have a multiple of