✨ Check out this awesome post from BBC Sport 📖
📂 Category:
✅ Here’s what you’ll learn:
At the time, United co-owner Sir Jim Ratcliffe said the anchor would “block out the top clubs in the Premier League, and the last thing you want is for the top clubs in the Premier League not to be able to compete with Real Madrid, Barcelona, Bayern Munich and Paris Saint-Germain – that’s ridiculous.”
In the 2023-24 season, 20th-placed Sheffield United earn around £110m. So, last season, no top-flight club would have been able to spend more than £550m on player wages, amortized transfer fees and agent fees combined, had the TBA been in place.
Meanwhile, a European club with revenues of £1bn, for example, would be able to spend £700m, while still adhering to UEFA’s rules (SCR).
City spent £413m on wages last year alone, with total revenues of £715m. With amortized transfer fees and agent fees added to these expenses, they could be one of a number of clubs close to breach if the TBA is in place.
Some clubs opposed to the TBA are understood to fear it could threaten the Premier League’s long-term status, could put some clubs at risk of immediate infringement and could discourage growth.
BBC Sport has learned that under the current proposals, any club that breaches the rules for a second time will be penalized with a six-point deduction, plus another point for every £6.5m of overspending.
Clubs opposed to the TBA system say the league’s competitive balance is sound as it is, and that some clubs support it only because it would mean less money spent on player wages.
In February, the Footballers’ Association issued what the Premier League described as “legal demands” over concerns it had about the impact the fixation could have on players’ contracts if it were introduced.
The PFA was given “multiple opportunities to provide feedback,” the league said.
In 2021, an independent arbitration panel upheld the PFA’s claim that the EFL’s planned salary caps for League One and League Two were “unlawful and unenforceable”.
The Premier League has been contacted for comment.
💬 Tell us your thoughts in comments!
#️⃣ #Premier #League #salary #cap #challenged #PFA #chief #executive
