Premier League agree new ‘anchoring’ salary cap rules to revolutionise the finance rules of football… as the three top clubs who voted against it – and another who abstained – are revealed
- The proposals, which will go to an AGM, will be based on TV money of one club
- Three big-name sides failed in their bid to squash the suggestion in Monday vote
- Is the North London Derby the best clash in the Premier League? Listen to the It’s All Kicking Off! podcast
Premier League clubs have in principle agreed to a spending cap.
In a new referendum, Manchester United, Manchester City and Aston Villa voted against the new proposals, while Chelsea abstained their vote.
The move would see clubs in the top division limited to spending a proportion of the amount the bottom club received in TV money.
It is the first time ever a cap would be introduced to the Premier League, and the vote will now go to an AGM before it is potentially passed.
More to follow.
