The Premier League has reached an agreement in principle on a new spending cap for all teams as the English top flight looks to replace the current Profitability and Sustainability Rules (PSR).
Set to be installed from the 2025/26 season onwards once fully ratified, revised spending limits will placed on teams in the first division, the number for which will be calculated in relation to a multiple of the money earned in prize money and TV rights by the lowest-earning club in the Premier League.
If approved at the AGM (annual general meeting) this June, the new model will replace the existing PSR system under which multiple clubs have broken FFP and been charged with other breaches over recent years, with Everton and Nottingham Forest having already been deducted points this season.
Although 16 of the 20 Premier League clubs reportedly agreed to the newly proposed regulations, four clubs were not in favour, with Manchester City, Man United and Aston Villa all said to have voted against the decision, while Chelsea chose to abstain.
BREAKING: Premier League clubs have agreed in principle to a form of cap on squad spending ahead of regulations being formulated, Sky News understands.
The proposed spending cap wouldn’t come into effect until the 2025/26 Premier League season.
The new max-spending model is being referred to as ‘anchoring’ or ‘tethering’, which will take into account total amounts spent on buying players, weekly wages, agents’ fees and more.
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If successful following a final vote in June and brought through the season after next, the aim is to curb the increasing financial gap between the top and bottom of the table by preventing things like big sponsorships which may otherwise see clubs assert massive spending power during transfer windows.
According to the Independent, cost controls will now “limit club expenditure on salaries, signing and fees to 85 per cent of total revenue” for those not competing in European competitions.
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This comes after Premier League teams previously the latest UEFA rules that will see those playing in the likes of the Champions, Europa and Conference League only allowed to spend 70% of that revenue, given the added financial uplift from qualifying for these tournaments.
While 16 yeas were enough to see the initial vote move forward, it will only require 14 out of 20 clubs to agree to the rule change in June for the motion to be fully passed.
A Professional Footballers’ Association (PFA) spokesperson said: “We will obviously wait to see further details of these specific proposals, but we have always been clear that we would oppose any measure that would place a ‘hard’ cap on player wages.
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“There is an established process in place to ensure that proposals like this, which would directly impact our members, have to be properly consulted on.”
Featured Images — SonoGrazy (via Wikimedia Commons)
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Kyle Walker announces retirement from international football with England at 35
Danny Jones
Former Manchester City star and England defender has announced his retirement from international football at 35 years old.
He calls it a day for his country with nearly a century of appearances.
Kyle Walker, who has won six Premier Leagues, four Carabao trophies, a pair of FA Cups and a Champions League title with Man City, made his national team debut back in 2011.
Now, nearly a full decade and a half later, he is hanging up his boots on the biggest stage, retiring as England’s most capped right back in history.
As you can see, he confirmed the news in a highlight video looking back on her best moments with the Three Lions.
Sharing a lengthy and emotional statement in the caption, the Yorkshireman wrote: “After more than a decade representing my country, I have decided to retire from international football. Playing for England has always been the biggest honour of my career and something I will always be proud of.
“Thank you to every teammate, coach, manager, the 12th man, and everyone behind the scenes who has been part of the journey. Every roar from the fans pushed the team along, and I’m looking forward to joining them to support the lads in the World Cup.”
His last appearance in an England shirt came in June against Senegal, since dropping out of manager Thomas Tuchel’s first-choice team and future plans, with both form and age no doubt being factored into that decision.
Walker added: “The memories in an England shirt will stay with me forever.”
96 caps 🧢 Five major tournaments 🏴 A #ThreeLions legend ⭐
He went on to sign off by saying, “I also want to thank my family for their support every step of the way. They have made this journey even more special, and I will always be grateful to have shared it with them.”
The Sheffield-born fullback left Manchester last year following a loan spell at AC Milan, before joining fellow Premier League side Burnley FC permanently this past July.
Meanwhile, the Clarets are staring down relegation back to the Championship; however, this step will no doubt help Walker prolong his club career, whether or not he stays in Lancashire.
Where does Walker rank among the all-time England defenders in your mind?
Featured Images — Oleg Bkhambri (via Wikimedia Commons)/England (screenshot via YouTube)
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Wigan Warriors’ Bevan French out for around four months with major muscle injury
Danny Jones
Wigan Warriors player Bevan French has unfortunately been ruled out for roughly four months following a fairly serious muscle injury.
An important playmaker and cog in the wider team, his absence will surely be felt.
French, 30, is said to have suffered a hamstring tear during the win over Toulouse Olympique this past weekend, and while not as severe as a full rupture, Bevan has now been told by the club he will be sidelined for approximately 16 weeks, according to head coach Matt Peet.
Speaking to BBC Radio Manchester after learning the news, he provided a number of updates from the physio room, including the latest on Jai Field, who French had been filling in for at fullback.
While Wigan are currently leading the Super League once again, they will be without one of their key Warriors with just under a dozen games left in the season.
The Greater Manchester club’s quadruple-winning boss and former Coach of the Year admitted that, despite some obvious disappointments in the immediate aftermath, his “positive” and “philosophical” attitude has already kicked in.
He’s quite philosophical, Bevan. He quickly flips a switch.
“Now he knows the timeframe and the schedule for his recovery, like most professionals, he can get his head down now and focus on the present”, said the 41-year-old.
The Australian stand-off/fly-half has regularly run the show in red and white, and even amid periods out of the squad, he remains an understandable fan favourite and integral part of the team when fit.
You only need to hear pundits and peers alike describing him as a “special” talent to know how much of a big miss he’ll be.
As mentioned, Peet also shed more light on Field, who dropped out with appendicitis last week and is himself set for around four to five weeks away.
For now, youngster Noah Hodkinson is being given the chance to fill the void and work his way into the first team after regularly impressing in the reserves.
Nevertheless, they could have really done with him ahead of their upcoming games.
Domestically, all three of Leeds Rhinos, Warrington Wolves and St Helens aren’t far behind them in the table, so it could prove to be a tasty remainder of the 2026 campaign.
You can watch the highlights from the result against Toulouse on Saturday, 7 March, here.
Danny Jones -
29th April 2024 
