UEFA is planning to introduce new financial regulations that could have a major impact on Premier League clubs if passed.
The summer transfer window opens to all English clubs in two weeks, and Premier League teams will once again spend the most of any major European league.
Arsenal, Manchester United, Liverpool and the rest of the chasing party are looking for reinforcements as they try to close the gap with newly crowned champions Manchester City.
But the ability of English clubs to spend more than much of Europe could soon come to an end if UEFA's plans come to fruition.
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According to the Times, UEFA wants to put a limit on the total amount of money clubs can spend on player salaries and transfers in a season as part of a "sweeping" plan to address concerns about players. competitive equilibrium. It comes amid fears English clubs could become more financially dominant under UEFA's new Financial Sustainability Regulations (FSR).
What is changing?
From this year, the FSR will limit club spending to a percentage of their annual revenue.
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Clubs playing in Europe are only allowed to spend 90% of their income on salaries and transfers by 2023, then 80% the following year and 70% in 2025.
According to The Times, some of Europe's top football clubs have argued that FSR can help Premier League teams continue to dominate the transfer market, with 16 of Europe's 30 richest clubs coming from England's premier league. UEFA's preferred solution is a fixed per-season cap to operate in conjunction with the FSR, which places a limit on how much clubs can spend on wages, transfers and agency fees.
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What will the ceiling be?
No cap was discussed, but if it is finally passed it will ensure that a club cannot spend more than the limit even if it is within 70% of total revenue - helping to balance the rules of the game for clubs around the world. continent.
The plan is being evaluated by a new task force on European football, which includes representatives from UEFA, the European Clubs Association (ECA), European leagues and Fifpro.
Last month, UEFA president Aleksander Ceferin told Men In Blazers that "in the future we will have to think seriously about the salary cap". Advertisement
Ceferin added:
"It's not about the owner, it's about the value of the competition, because if five clubs always win, it doesn't make sense anymore."
However, the plans could receive strong opposition from Premier League clubs, as well as players across Europe.
Professional Players Association chief executive Maheta Molango said last month that players would be "justifiably angry" at the potential salary.
He added:
"Football operators will quickly create a real problem if they continue to treat players like this."
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