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)
Sport
Manchester United and Lionesses star Ella Toone is now officially an MBE
Danny Jones
Man United Women and Lionesses star Ella Toone is now officially an MBE after collecting the award this week.
The Greater Mancunian has grown to become one of the most influential female players of the modern era, and now her impact has been immortalised by the monarchy.
Being recognised for services to the discipline on Tuesday, 19 May, the local athlete finally collected her accolade at Windsor Castle.
Presented to her by Prince William, the Tyldesley-born attacker said in a statement: “It’s been amazing. It’s a bit of a pinch-me moment to be here and be honoured with an MBE.
“I never thought when I started out playing football I’d now be called Ella Toone MBE, so it’s a bit crazy.”
Having suffered a tough time out with injury, the 26-year-old also insists she is now back feeling “better and stronger than ever.”
With Sarina Wiegman’s official squad selection for the qualifiers ahead of FIFA’s 2027 Women’s World Cup in Brazil, she’s also looking forward to reuniting with her England teammates.
Here she is talking to Sky ahead of the games, not long after receiving the award:
"I've missed it so much, can't wait to be back with the girls" 🏴
Ella Toone is looking forward to meeting up with her England teammates next month for World Cup qualifiers against Spain and Ukraine. pic.twitter.com/K02nJbSkE0
Speaking back in December, she confessed that it’s all been “a bit mad” for her ever since she learned of the news, but her worthiness speaks for itself.
Winning not only back-to-back Euros titles with the national side, along with the first-ever UEFA Women’s Finalissima trophy in 2023, but also inspiring young kids dreaming of becoming footballers across the country and beyond.
Congratulations once again, ‘Tooney’ – beyond well-deserved.
Across the city, it’s great to see yet more groundbreaking investment in the women’s game being made for generations to come.
Erling Haaland is set to make his acting debut later this year
Danny Jones
Manchester City star Erling Haaland is set to make his debut film appearance later this year in his first proper voice acting job as part of an animated movie.
Let’s just say our obsessive countdown until the release date starts NOW.
The Premier League player and sporting superstar has obviously featured on camera plenty since bursting onto the scene – not least of all for his own YouTube channel – but this will be new territory for the Norwegian.
Rather fittingly for the Scandinavian striker, he’s not only playing a Viking character in the upcoming animation, ViQueens, but he’s also basically set to play a version of himself.
Soccer Superstar Erling Haaland to Play Animated Viking in Film Debut (Exclusive) https://t.co/r6uxxOClJI
As per The Hollywood Reporter, the new film by fellow compatriot and director, Harald Zwart, who is best known for the likes of Agent Cody Banks, the 2010 Karate Kid reboot, and The Mortal Instruments: City of Bones.
He also directed comedian Steve Martin’s second outing as The Pink Panther, so it’s safe to say he’s got a funny bone or two.
That being said, it feels like the 25-year-old will be able to have some fun with this script, in which he is set to play a Viking of the same name – because of course he is.
While it’s still yet to be revealed as to just how big a role he will have in the feature film set to arrive this winter, what we know so far is that the film is an action-comedy adventure revolving around a “world of fearless warrior girls, icy fjords, and Silk Road mythology.”
It’s also worth noting that this isn’t even the first time we’ve seen a cartoon version of Erling Haaland brought to life, as he also popped up in the world of gaming a little while back.
The career of a top footballer really can be a crazy one, can’t it?
Speaking on the film, director and co-writer Zwart told the outlet: “As a Norwegian storyteller making a Viking adventure for a global audience, having Erling Haaland join ViQueens feels incredibly exciting.
“Erling has already become a kind of real-life Viking icon around the world – powerful, fearless, and uniquely Norwegian. Bringing him into this universe as himself gives the film an unexpected energy and authenticity that felt completely right for this story.”
Other famous faces set to star in the animation, which is set to release this December, include singer-turned-actor Rita Ora and Ella Purnell (Fallout, Arcane, Sweetpea), who are starring as the two lead characters and voice actors.
Danny Jones -
29th April 2024 
