• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, October 15, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Premier League Clubs Agree Salary Cap Plans

by Leadership News
1 year ago
in Sport
Premier League
Share on WhatsAppShare on FacebookShare on XTelegram

Premier League clubs have voted in favour of a proposal that would impose restrictions on spending on transfers, wages and agent fees.

Advertisement

The proposal, which would limit spending for top clubs to an as yet unconfirmed multiple of the amount that the bottom side receives in television money, achieved more than the necessary majority of 14 votes.

At the Premier League shareholders’ meeting on Monday, it got the support of 16 of the 20 teams, with Manchester City, Manchester United and Aston Villa those reported to have voted against it. Chelsea opted to abstain, according to a report by The Times.

Advertisement

The idea is that stopping clubs from spending so freely will create a more competitive Premier League, rather than one that is dominated by only one or two extremely wealthy clubs.

The ‘anchoring’ principle would put a ceiling on spending, with the Premier League already set to replace Profit & Sustainability rules in 2025 with a new squad cost control regulation that limits a club’s spending on transfers, wages and agents fee to 85% of their total revenue. Backing for the spending cap came from those fearful of the advantages that the highest-earning clubs could have over others, as well as concerns about potential spending power from state-backed clubs.

 

RELATED NEWS

World Cup Playoff: Nigeria Face Gabon, Cameroon Battle DR Congo

Ronaldo Becomes All-time Top World Cup Qualifying Scorer At 40

Hungary Deny Portugal, Ronaldo Early World Cup Berth

Argentine Star Messi Unveils ‘Messi Cup’ Youth Tournament For December

A spokesperson said in a statement: “We will obviously wait to see further details of these specific proposals, but we have always been clear that we would oppose any measure that would place a ‘hard’ cap on player wages. There is an established process in place to ensure that proposals like this, which would directly impact our members, must be properly consulted on.”

In 2022/23, bottom club Southampton earned £104m from TV money, while Manchester City spent £619.5m, just under six times as much. Under the new proposal, clubs wouldn’t be asked to reduce outlay from current levels, so spending limited to six times the TV earnings of the bottom club could work.

The exact details of the spending cap will be the subject of discussions at the next Premier League AGM in June.

Those talks and another vote on the final proposal will be crucial to what the future of the competition and its financial landscape will look like.

Join Our WhatsApp Channel

SendShare10177Tweet6361Share

OTHER NEWS UPDATES

Adepoju Urges Super Eagles’ Players To Back Eric Chelle
Sport

World Cup Playoff: Nigeria Face Gabon, Cameroon Battle DR Congo

2 hours ago
Ronaldo Bags Brace As Al-Nassr Thrash Al-Riyadh 5-1
Football

Ronaldo Becomes All-time Top World Cup Qualifying Scorer At 40

2 hours ago
Ronaldo Named ‘Best Of All Time’
Football

Hungary Deny Portugal, Ronaldo Early World Cup Berth

2 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Acting Akwa Ibom First Lady Canvasses Education For Girls

9 minutes ago

With Mbah, Uzodimma, Nwaifuru, Ndigbo Has Come To Mainstream Politics -Shettima

16 minutes ago

Abuja Continental Hotel Wins Legacy Award

23 minutes ago

Olanipekun, Dabiri-Erewa For ABUAD Award As 229 Graduates Get First Class

24 minutes ago

Aiyedatiwa Clears N1.4B Gratuity Arrears Of 2014 LG Retirees, Pry School Teachers

26 minutes ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.