Premier League PSR rules set to kick off as clubs vote on new UEFA-style spending laws

Premier League clubs are expected to agree new spending rules which will include points deductions, talkSPORT understands.

The 20 clubs will be asked to vote on a proposal to adopt a UEFA-style system whereby they can spend a maximum of 85 percent of their turnover on transfers and player wages.

If voted, the new regulations are likely to apply alongside the current Profit and Sustainability Rules for next season before replacing them in the following season.

talkSPORT also understands that clubs could be fined for a breach of up to 115 per cent of their revenue in the first instance, with points deductions applied for subsequent breaches.

The proposal is for sanctions to be administered twice a season after each transfer window.

The vote is expected to take place over the summer so the new rules can be in place at the start of next season.

A minimum of 14 clubs will be needed to accept its approval.

first division clubs Everton and Nottingham Forest Both have suffered point deductions this season, with the Toffees receiving two over the course of the campaign.

Current rules allow clubs to lose £105m over three years.

First, Everton received a 10-point deduction reduced to six on appeal for a three-year period until 2021/22, the largest in Premier League history. They exceeded allowable losses by £19.5m.

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Then they were given docked two other points this week for breaching PSR rules for £16.6m over the three-year period to 2022/23.

The Toffees will also appeal this deduction.

Before Everton's second deduction, fellow relegation strugglers Nottingham Forest were docked four points over the three-year period ending in 2022/23.

The club was allowed losses of up to £61m due to spending two of three campaigns in the Championship. They spent more than £34.5 million.

Forest has appealed against the decision.

Meanwhile, city ​​of leicesterwho were relegated from the top flight last season, have also been accused of allegedly violating spending rules during the last three seasons in the Premier League.

If found guilty, Leicester could face a points deduction.