Premier League clubs voted Friday to overhaul the competition's financial rules, bringing in a new system that focuses solely on spending that directly affects what happens on the pitch.&nbsp;Clubs opted by a majority of 14 to six to introduce the squad cost ratio (SCR) model, which will limit clubs' "on-pitch spending" to 85 percent of their football-related revenue and net profit or loss on player sales.&nbsp;Squad-related costs include player wages, agents' fees and transfer fees.&nbsp;European football's governing body UEFA operates a similar model, which limits spending on player and coach wages, transfers and agent fees to 70 percent of club revenue.&nbsp;The Premier League said in a statement that clubs would have a "multi-year allowance" of 30 percent which they can use to spend above the 85 percent limit, and that using the allowance would incur a levy -- effectively a luxury tax.&nbsp;Once the allowance is used up, teams will face sporting sanctions such as points deductions if they go above 85 percent.&nbsp;The Premier League said the system, which will come into effect from the 2026/27 season, would be simpler because of its focus on "football costs".&nbsp;Under the new rules, clubs will not be able to sell assets such as hotels and women's teams to related companies in order to spend more on squad-related costs.&nbsp;Chelsea sold two hotels to a sister company in 2023 and sold their women's team to parent company BlueCo, helping boost the club's balance sheet under existing existing profitability and sustainability (PSR) rules.&nbsp;ALSO READ | <a href="https://www.wionews.com/photos/from-steve-smith-to-joe-root-5-active-batters-with-most-runs-in-ashes-ben-stokes-jonny-bairstow-usman-khawaja-1762275784636">From Steve Smith to Joe Root, 5 active batters with most runs in Ashes</a>&nbsp;Clubs also voted Friday to bring in sustainability and systemic resilience (SSR) rules, which will assess a club's short, medium and long-term financial health through a variety of tests.&nbsp;The clubs, however, voted against a new financial mechanism that would have put a hard spending cap on player-related costs.&nbsp;ALSO READ | <a href="https://www.wionews.com/photos/from-leonard-hutton-to-don-bradman-5-batters-with-highest-individual-score-in-ashes-bob-simpson-bob-cowper-ashes-2025-26-1762276944046">From Leonard Hutton to Don Bradman, 5 batters with highest individual score in Ashes</a>&nbsp;Top-to-bottom 'anchoring' would have limited any club's spending on squad costs to five times the amount received in central income by the league's bottom club.&nbsp;The Professional Footballers' Association, said the measure would have effectively been a salary cap and threatened strike action.&nbsp;Under PSR, clubs are entitled to lose a maximum of £105 million ($137 million) over a rolling three-season period.&nbsp;Both Nottingham Forest and Everton were given points deductions in the 2023/24 season for breaching PSR rules.&nbsp;Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Clubs opted by a majority of 14 to six to introduce the squad cost ratio (SCR) model, which will limit clubs' "on-pitch spending" to 85 percent of their football-related revenue and net profit or loss on player sales.

Premier League clubs voted Friday to overhaul the competition's financial rules, bringing in a new system that focuses solely on spending that directly affects what happens on the pitch. Clubs opted by a majority of 14 to six to introduce the squad cost ratio (SCR) model, which will limit clubs' "on-pitch spending" to 85 percent of their football-related revenue and net profit or loss on player sales. Squad-related costs include player wages, agents' fees and transfer fees. European football's governing body UEFA operates a similar model, which limits spending on player and coach wages, transfers and agent fees to 70 percent of club revenue. The Premier League said in a statement that clubs would have a "multi-year allowance" of 30 percent which they can use to spend above the 85 percent limit, and that using the allowance would incur a levy -- effectively a luxury tax. Once the allowance is used up, teams will face sporting sanctions such as points deductions if they go above 85 percent. The Premier League said the system, which will come into effect from the 2026/27 season, would be simpler because of its focus on "football costs". Under the new rules, clubs will not be able to sell assets such as hotels and women's teams to related companies in order to spend more on squad-related costs. Chelsea sold two hotels to a sister company in 2023 and sold their women's team to parent company BlueCo, helping boost the club's balance sheet under existing existing profitability and sustainability (PSR) rules. ALSO READ | From Steve Smith to Joe Root, 5 active batters with most runs in Ashes Clubs also voted Friday to bring in sustainability and systemic resilience (SSR) rules, which will assess a club's short, medium and long-term financial health through a variety of tests. The clubs, however, voted against a new financial mechanism that would have put a hard spending cap on player-related costs. ALSO READ | From Leonard Hutton to Don Bradman, 5 batters with highest individual score in Ashes Top-to-bottom 'anchoring' would have limited any club's spending on squad costs to five times the amount received in central income by the league's bottom club. The Professional Footballers' Association, said the measure would have effectively been a salary cap and threatened strike action. Under PSR, clubs are entitled to lose a maximum of £105 million ($137 million) over a rolling three-season period. Both Nottingham Forest and Everton were given points deductions in the 2023/24 season for breaching PSR rules. Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Clubs opted by a majority of 14 to six to introduce the squad cost ratio (SCR) model, which will limit clubs' "on-pitch spending" to 85 percent of their football-related revenue and net profit or loss on player sales.

Premier League clubs overhaul financial rules to bring in new system focusing solely on spending

Premier League’s Financial Fair Play (FFP) rule has received its latest instalment of criticism after Crystal Palace co-owner John Textor termed it “fraud” for its implementation in the league. The FFP in recent times has gained more attention apart from the controversial Video Assistant Referee (VAR). The FFP and Profit and Sustainability Rules (PSR) breach in the first half of the season saw Everton being docked 10 points before it was reduced to six points.

<h2>Textor hits out at FFP, PSR</h2>

“It's clear that they're (PSR) built to make sure that clubs who do not drive significant revenues cannot catch up. Financial fair play is a fraud of a term, to say it's about sustainability,” said Textor while speaking at the Financial Times Business of Football summit.

The Palace owner also insisted that Profit and Sustainability Rules (PSR) are disadvantageous to the smaller clubs as they face more issues with non-European football. Smaller don’t compete in European competitions which limits their cash flow and matches which help in increase the profit. This means, that smaller teams have to rely only on the profit gained through Premier League.

However, in case of losses clubs have no way to hide the spending and are often imposed with hefty fines of points deduction. This season PSR has hinged the relegation battle with teams struggling to find their feet.

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Everton at the start of last week were one point outside the relegation zone with near rival Luton Town having a game in hand. However, after last week’s point deduction was reduced, the Toffees are now five points clear. This impacts teams like Luton, Burnley and Sheffield United as their targets differ at the crucial stage of the season.

On the FFP side, Manchester City are reported to have breached 114 cases which could land them in trouble with both the Premier League and the UEFA. However, the defending European and English champions are going well for another treble and are still in all three competitions.

While the Premier League is yet to comment on the situation, it will be interesting on how things pan out in the coming days as the business end of the campaign gets underway.

Premier League’s Financial Fair Play (FFP) rule has received its latest instalment of criticism after Crystal Palace co-owner John Textor termed it “fraud” for its implementation in the league.

Premier League’s Financial Fair Play (FFP) rule has received its latest instalment of criticism after Crystal Palace co-owner John Textor termed it “fraud” for its implementation in the league. The FFP in recent times has gained more attention apart from the controversial Video Assistant Referee (VAR). The FFP and Profit and Sustainability Rules (PSR) breach in the first half of the season saw Everton being docked 10 points before it was reduced to six points. Textor hits out at FFP, PSR “It's clear that they're (PSR) built to make sure that clubs who do not drive significant revenues cannot catch up. Financial fair play is a fraud of a term, to say it's about sustainability,” said Textor while speaking at the Financial Times Business of Football summit. The Palace owner also insisted that Profit and Sustainability Rules (PSR) are disadvantageous to the smaller clubs as they face more issues with non-European football. Smaller don’t compete in European competitions which limits their cash flow and matches which help in increase the profit. This means, that smaller teams have to rely only on the profit gained through Premier League. However, in case of losses clubs have no way to hide the spending and are often imposed with hefty fines of points deduction. This season PSR has hinged the relegation battle with teams struggling to find their feet. ALSO READ | 'I congratulate the BCCI': Kapil Dev praises national board for safeguarding domestic cricket Everton at the start of last week were one point outside the relegation zone with near rival Luton Town having a game in hand. However, after last week’s point deduction was reduced, the Toffees are now five points clear. This impacts teams like Luton, Burnley and Sheffield United as their targets differ at the crucial stage of the season. On the FFP side, Manchester City are reported to have breached 114 cases which could land them in trouble with both the Premier League and the UEFA. However, the defending European and English champions are going well for another treble and are still in all three competitions. While the Premier League is yet to comment on the situation, it will be interesting on how things pan out in the coming days as the business end of the campaign gets underway.

'Financial fair play is a fraud': Crystal Palace co-owner John Textor hits out at Premier League

UEFA President Aleksander Ceferin has insisted that the European governing body was "right" to kick Manchester City out of the Champions League for breaching financial regulations. City were suspended by UEFA in February 2020 when the club violated Financial Fair Play (FFP) regulations and were likely to face a two-year suspension. However, a successful appeal at the Court of Arbitration for Sport (CAS) in July of that year saw the ban being lifted.

<h2>Ceferin insists UEFA was right</h2>

"We know we were right. We wouldn't decide if we didn't think we were right. As a trial lawyer for 25 years, I know that, sometimes, you win a case that you are sure you will lose," UEFA president Ceferin told Britain's Daily Telegraph on Wednesday (Jan 24).

"And, sometimes, you lose a case when you're sure... You have to respect the decision of the court. I don't want to speak about the case in England. But I trust that the decision of our independent body was correct."

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CAS found some of the alleged breaches were "not established", while City successfully defended its case in court. Interestingly, while City could have faced an outcast from the Champions League for the 2020-21 season but they made it to the final of the competition. They finished runners-up to Chelsea after losing the final played in Porto and also made it to the last four when before getting knocked out in the 2021-22 season.

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City are currently facing more than 100 breaches of the Premier League’s financial rules and are set for a meeting with the independent commission. Recently, the Premier League has sanctioned Everton and Nottingham Forest for Profit and Sustainability Rules (PSR) upon which there is growing uncertainty in the Manchester City camp.

Everton have been docked off 10 points in the ongoing season of the Premier League and are just above the relegation zone with 17 points.

UEFA President Aleksander Ceferin has insisted that the European governing body was "right" to kick Manchester City out of the Champions League for breaching financial regulations.

UEFA President Aleksander Ceferin has insisted that the European governing body was "right" to kick Manchester City out of the Champions League for breaching financial regulations. City were suspended by UEFA in February 2020 when the club violated Financial Fair Play (FFP) regulations and were likely to face a two-year suspension. However, a successful appeal at the Court of Arbitration for Sport (CAS) in July of that year saw the ban being lifted. Ceferin insists UEFA was right "We know we were right. We wouldn't decide if we didn't think we were right. As a trial lawyer for 25 years, I know that, sometimes, you win a case that you are sure you will lose," UEFA president Ceferin told Britain's Daily Telegraph on Wednesday (Jan 24). "And, sometimes, you lose a case when you're sure... You have to respect the decision of the court. I don't want to speak about the case in England. But I trust that the decision of our independent body was correct." × CAS found some of the alleged breaches were "not established", while City successfully defended its case in court. Interestingly, while City could have faced an outcast from the Champions League for the 2020-21 season but they made it to the final of the competition. They finished runners-up to Chelsea after losing the final played in Porto and also made it to the last four when before getting knocked out in the 2021-22 season. ALSO READ | Australian Open: Medvedev edges past Hurkacz in five-set thriller to enter semis, to face Alcaraz or Zverev City are currently facing more than 100 breaches of the Premier League’s financial rules and are set for a meeting with the independent commission. Recently, the Premier League has sanctioned Everton and Nottingham Forest for Profit and Sustainability Rules (PSR) upon which there is growing uncertainty in the Manchester City camp. Everton have been docked off 10 points in the ongoing season of the Premier League and are just above the relegation zone with 17 points.

UEFA President Aleksander Ceferin insists it was ‘right’ to kick Manchester City out of Champions League

In a shocking revelation, an FC Barcelona executive reportedly tried to bribe a UEFA official into launching an investigation against Manchester City and Paris Saint-Germain over Financial Fair Play regulations in 2020. The Barcelona executive brought up the matter of FFP during his dinner meeting with a UEFA counterpart last year and asked if there was anyone in the department 'he could pay'.

Barcelona have been enduring one of the worst financial crisis in the club's history as they are yet to recover from the huge losses suffered due to the COVID-19 pandemic. Some poor decisions in the transfer market along with their financial mishandlings have led to a mess at the Spanish club.

FC Barcelona have sold a part of&nbsp;the club's telecast rights and a stake in their studios among others to boost their finances and make signings in the ongoing transfer window. However, they are still far off from recovering from the staggering debt they are in.

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Amid the club's poor financial situation, a report in The Athletic has claimed a Barcelona executive tried to bribe a UEFA official in 2020. The Barcelona executive felt UEFA have been light on rich clubs like Man City and PSG, who have great financial backing when it comes to Financial Fair Play regulations. He also felt Barcelona are not in a position to compete with those clubs considering their current financial situation.

“Eventually, the Barça official asked, ‘Is there anyone in your FFP department we could pay?’. The UEFA official understood that his counterpart was trying to find somebody to bribe," The Athletic quoted an excerpt from a book written by Financial Times journalist Simon Kuper which exposed the details of the meeting between the Barcelona executive and the UEFA official.

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Responding to the allegations, UEFA said they are unaware of any such meeting with a Barcelona executive. Interestingly, UEFA had banned Manchester City for two years from the Champions League in 2020&nbsp;for a serious FFP breach and failure to cooperate in the investigation.

However, the ban was lifted by the Court of Arbitration for Sport (CAS) in July, 2020 which allowed City to continue taking part in the competition that season. City's fine was also reduced to 10 million euros from 30 million euros by the court.

In a shocking revelation, an FC Barcelona executive reportedly tried to bribe a UEFA official into launching an investigation against Manchester City and Paris Saint-Germain over Financial Fair Play regulations in 2020.

In a shocking revelation, an FC Barcelona executive reportedly tried to bribe a UEFA official into launching an investigation against Manchester City and Paris Saint-Germain over Financial Fair Play regulations in 2020. The Barcelona executive brought up the matter of FFP during his dinner meeting with a UEFA counterpart last year and asked if there was anyone in the department 'he could pay'. Barcelona have been enduring one of the worst financial crisis in the club's history as they are yet to recover from the huge losses suffered due to the COVID-19 pandemic. Some poor decisions in the transfer market along with their financial mishandlings have led to a mess at the Spanish club. FC Barcelona have sold a part of the club's telecast rights and a stake in their studios among others to boost their finances and make signings in the ongoing transfer window. However, they are still far off from recovering from the staggering debt they are in. Also Read: Premier League clubs to not take the knee before every match, gesture limited to only significant games Amid the club's poor financial situation, a report in The Athletic has claimed a Barcelona executive tried to bribe a UEFA official in 2020. The Barcelona executive felt UEFA have been light on rich clubs like Man City and PSG, who have great financial backing when it comes to Financial Fair Play regulations. He also felt Barcelona are not in a position to compete with those clubs considering their current financial situation. “Eventually, the Barça official asked, ‘Is there anyone in your FFP department we could pay?’. The UEFA official understood that his counterpart was trying to find somebody to bribe," The Athletic quoted an excerpt from a book written by Financial Times journalist Simon Kuper which exposed the details of the meeting between the Barcelona executive and the UEFA official. Also Read: 'It's unacceptable': Man Utd boss Erik Ten Hag slams Cristiano Ronaldo for leaving game before final whistle Responding to the allegations, UEFA said they are unaware of any such meeting with a Barcelona executive. Interestingly, UEFA had banned Manchester City for two years from the Champions League in 2020 for a serious FFP breach and failure to cooperate in the investigation. However, the ban was lifted by the Court of Arbitration for Sport (CAS) in July, 2020 which allowed City to continue taking part in the competition that season. City's fine was also reduced to 10 million euros from 30 million euros by the court.

Barcelona executive tried to bribe UEFA official to investigate PSG, Man City over Financial Fair Play

Barcelona president Joan Laporta has said talks over a new deal are progressing well with forward Lionel Messi.

The Argentine's contract expired at the end of June and the forward is currently a free agent.

However, Barcelona&nbsp;have reportedly offered him a new five-year deal on a reduced salary which they hope will help them meet La Liga's financial fair play (FFP) requirements.

"We're doing everything possible, and it's progressing well," Laporta told a news conference on Monday.

"It's going in the line we all believed it would, within the scope we've got. We're still in discussions.

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"Leo wants to stay at Barca and we'll do all we can. The fact his priority is to stay here, being the best player in the world, is something we should be thankful for.

"I have sweet dreams about Messi every night, and hopefully they'll continue."

Laporta added that there should not be any problems registering their new signings, however also called on the Spanish&nbsp;football&nbsp;league to be more flexible with FFP following the pandemic.

"We can register all the players we have brought in under the parameters of FFP," he said.

"We want, if possible, for La Liga to be more flexible and other European leagues have been. We want to bring in another player or two."

The Barca chief also told youngster Ilaix Moriba that if he was not willing to accept the club's current offer of a new contract then they would look to move him on.

Barcelona president Joan Laporta has said talks over a new deal are progressing well with forward Lionel Messi. The Argentine's contract expired at the end of June and the forward is currently a free agent.

Barcelona president Joan Laporta has said talks over a new deal are progressing well with forward Lionel Messi. The Argentine's contract expired at the end of June and the forward is currently a free agent. However, Barcelona have reportedly offered him a new five-year deal on a reduced salary which they hope will help them meet La Liga's financial fair play (FFP) requirements. "We're doing everything possible, and it's progressing well," Laporta told a news conference on Monday. "It's going in the line we all believed it would, within the scope we've got. We're still in discussions. ALSO READ: Football: England's Tyrone Mings reveals mental health issue before Euro 2020 "Leo wants to stay at Barca and we'll do all we can. The fact his priority is to stay here, being the best player in the world, is something we should be thankful for. "I have sweet dreams about Messi every night, and hopefully they'll continue." Laporta added that there should not be any problems registering their new signings, however also called on the Spanish football league to be more flexible with FFP following the pandemic. "We can register all the players we have brought in under the parameters of FFP," he said. "We want, if possible, for La Liga to be more flexible and other European leagues have been. We want to bring in another player or two." The Barca chief also told youngster Ilaix Moriba that if he was not willing to accept the club's current offer of a new contract then they would look to move him on.

Football: Lionel Messi talks progressing, while more FFP flexibility needed, says Barcelona president

Paris St Germain have won a legal battle against UEFA after European football's governing body tried to reopen its investigation into the French club's spending on transfer fees and wages.

The Court of Arbitration for Sport (CAS) said on Tuesday (March 19) it had upheld PSG's appeal against UEFA on the grounds that the body took too long to review its own decision to clear the French champions of breaking Financial Fair Play (FFP) rules.

The judgement is separate to an ongoing investigation by UEFA regarding PSG's 2017-18 finances -- the season in which the club signed Neymar in a world record €222 million&nbsp;($252 million) deal from Barcelona and Kylian Mbappe from AS Monaco.

In June last year, the Investigatory Chamber of UEFA's Club Financial Control Body (CFCB) cleared PSG of breaking UEFA's break-even rules, yet later that month, the CFCB chairman ordered the Adjudicatory Chamber to review the decision.

The Adjudicatory Chamber then ruled in September that the case should be referred back to the Investigatory Chamber for further review.

PSG's appeal to have that decision annulled was upheld by CAS.

The club successfully argued that UEFA missed the deadline set out in the CFCB's Procedural Rules, which allow for a 10-day period during which any review should be instigated and completed.

Paris St Germain have won a legal battle against UEFA after European football's governing body tried to reopen its investigation into the French club's spending on transfer fees and wages.

Paris St Germain have won a legal battle against UEFA after European football's governing body tried to reopen its investigation into the French club's spending on transfer fees and wages. The Court of Arbitration for Sport (CAS) said on Tuesday (March 19) it had upheld PSG's appeal against UEFA on the grounds that the body took too long to review its own decision to clear the French champions of breaking Financial Fair Play (FFP) rules. The judgement is separate to an ongoing investigation by UEFA regarding PSG's 2017-18 finances -- the season in which the club signed Neymar in a world record €222 million ($252 million) deal from Barcelona and Kylian Mbappe from AS Monaco. In June last year, the Investigatory Chamber of UEFA's Club Financial Control Body (CFCB) cleared PSG of breaking UEFA's break-even rules, yet later that month, the CFCB chairman ordered the Adjudicatory Chamber to review the decision. The Adjudicatory Chamber then ruled in September that the case should be referred back to the Investigatory Chamber for further review. PSG's appeal to have that decision annulled was upheld by CAS. The club successfully argued that UEFA missed the deadline set out in the CFCB's Procedural Rules, which allow for a 10-day period during which any review should be instigated and completed.

PSG win legal battle with UEFA over FFP investigation

The Premier League said on Friday it had opened an investigation into alleged Financial Fair Play (FFP) breaches by champions Manchester City after UEFA had begun its own probe into the allegations.

European soccer's governing body opened a formal investigation into the alleged FFP violations on Thursday, a move City welcomed in a bid to end speculation surrounding the club's sponsorship agreements.

The FFP rules are intended to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners.

"The Premier League has previously contacted Manchester City to request information regarding recent allegations and is in ongoing dialogue with the club," the Premier League said in a statement.

"The league has detailed financial regulations and strong rules in the areas of Academy player recruitment and third-party ownership.

"We are currently investigating these matters and will allow Manchester City every opportunity to explain the context and detail surrounding them."

Manager Pep Guardiola was asked on Friday whether he was concerned his achievements at City would be tainted by the allegations, but he told reporters: "No, absolutely not.

"The club made a statement, so I can't add more than that. The club are open, hopefully it can finish as soon as possible.

"I trust a lot what the club has done, because I know them and hopefully they can solve it as soon as possible."

German publication Der Spiegel reported in November that City's Abu Dhabi owners inflated sponsorship agreements in order to comply with FFP requirements.

City's statement on Thursday said accusations of financial irregularities were entirely false.

City host eighth-placed Watford on Saturday and Guardiola hailed their manager Javi Gracia, who looks set to lead them to their best-ever finish in the Premier League.

"It's incredible what he's done, one of the toughest games we had," Guardiola, who was voted February's Premier League manager of the month, said.

"In the last nine games, they have physicality, quality one-on-one, strong in the air, well organised... what he's done has been incredible."

The Premier League said on Friday it had opened an investigation into alleged Financial Fair Play (FFP) breaches by champions Manchester City after UEFA had begun its own probe into the allegations.

The Premier League said on Friday it had opened an investigation into alleged Financial Fair Play (FFP) breaches by champions Manchester City after UEFA had begun its own probe into the allegations. European soccer's governing body opened a formal investigation into the alleged FFP violations on Thursday, a move City welcomed in a bid to end speculation surrounding the club's sponsorship agreements. The FFP rules are intended to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners. "The Premier League has previously contacted Manchester City to request information regarding recent allegations and is in ongoing dialogue with the club," the Premier League said in a statement. "The league has detailed financial regulations and strong rules in the areas of Academy player recruitment and third-party ownership. "We are currently investigating these matters and will allow Manchester City every opportunity to explain the context and detail surrounding them." Manager Pep Guardiola was asked on Friday whether he was concerned his achievements at City would be tainted by the allegations, but he told reporters: "No, absolutely not. "The club made a statement, so I can't add more than that. The club are open, hopefully it can finish as soon as possible. "I trust a lot what the club has done, because I know them and hopefully they can solve it as soon as possible." German publication Der Spiegel reported in November that City's Abu Dhabi owners inflated sponsorship agreements in order to comply with FFP requirements. City's statement on Thursday said accusations of financial irregularities were entirely false. City host eighth-placed Watford on Saturday and Guardiola hailed their manager Javi Gracia, who looks set to lead them to their best-ever finish in the Premier League. "It's incredible what he's done, one of the toughest games we had," Guardiola, who was voted February's Premier League manager of the month, said. "In the last nine games, they have physicality, quality one-on-one, strong in the air, well organised... what he's done has been incredible."

Premier League investigates Manchester City over FFP allegations

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