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Published on April 4, 2024 at 7:49 p.m. by
Abdel Maarous
Premier League considers significant changes to Financial Fair Play
There premier leagueafter recently applying sanctions to Everton And Nottingham Forest for non-compliance with profit and sustainability rules (PSR), could well turn around on these punitive measures. According to information relayed by the Daily Maila major reform is reportedly under discussion, aiming to remove point deductions in the event of violation of financial rules.
Clubs in favor of relaxing the rules
It is reported that 17 of the 20 Premier League clubs have expressed their desire to reform the operation of the PSR, but the results remain contradictory. The object serves first of all to replace traditional sanctions with what could be described as “ luxury taxes“, a model now in sight in American sports leagues.
Instead of suffering points deductions, clubs violating the PSR will now be subject to a fine. The latter would then be redistributed to clubs scrupulously respecting the financial rules established by the Premier League. This move aims to preserve the Premier League’s status as the most lucrative league in the world, while making it even more attractive financially.
Maintain the competitiveness and attractiveness of the championship
This reform is motivated by the desire of clubs to maintain a certain financial flexibility, which allows them to maintain their best salaries, with certain limitations in terms of salaries. Indeed, during the last transfer window, the spending of English clubs was below usual expectations, largely due to the constraints imposed by the PSR.
This possible revision of Financial Fair Play within the Premier League is sparking a lively debate within the world of (Site notre bureau spécialisé). While some see it as a necessity to maintain the competitiveness of the championship, others fear it could lead to escalating spending and distorting competition.
