{"id":482345,"date":"2024-04-25T12:41:49","date_gmt":"2024-04-25T16:41:49","guid":{"rendered":"https:\/\/7sport.net\/en\/?post_type=news&#038;p=482345"},"modified":"2024-04-25T11:23:24","modified_gmt":"2024-04-25T15:23:24","slug":"premier-league-set-to-vote-on-spending-cap-limit","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/premier-league-set-to-vote-on-spending-cap-limit\/","title":{"rendered":"Premier League set to vote on spending cap limit"},"content":{"rendered":"<p>The Premier League is days away from pivotal decision as the majority of clubs push for the inclusion of a spending cap alongside the new &#8220;squad cost rules&#8221; set to debut in the 2025-26 season.<\/p>\n<p>Under the proposed salary cap, each club&#8217;s investment in their team would be restricted, linked to a multiple of the amount received by the lowest-paid teams from broadcasting and league commercial deals.<\/p>\n<p>Advocates of the cap believe it will provide a vital safeguard for the smooth implementation of the squad cost rule, which aligns clubs&#8217; spending with their own revenues.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: The majority of Premier League clubs want to introduce a hard spending cap.<\/p>\n<p>The cap would allow clubs to only spend five times the commercial and broadcast revenue of the lowest team in the division.<\/p>\n<p>[The Athletic] <a href=\"https:\/\/t.co\/w3kuvjYjfh\" target=\"_blank\">pic.twitter.com\/w3kuvjYjfh<\/a><\/p>\n<p>\u2014 Footy Accumulators (@FootyAccums) <a href=\"https:\/\/twitter.com\/FootyAccums\/status\/1783181446632382821?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 24, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, heavyweight clubs such as Chelsea, Manchester City, and Manchester United have voiced reservations, citing potential conflicts with British competition law.<\/p>\n<p>Had the cap been enforced last season, it would have set the upper limit at \u00a3518 million, a staggering five times the \u00a3103.6 million earned by Southampton, who finished 20th, from centralized revenues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Premier League is days away from pivotal decision as the majority of clubs push for the inclusion of a spending cap alongside [&hellip;]<\/p>\n","protected":false},"author":137,"featured_media":482346,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[17317],"news_category":[136,14235],"gn_keywords":[17886],"acf":{"announce":"The big teams are against the proposal, but majority of the clubs are leaning towards voting for it on Monday","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/482345"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=482345"}],"version-history":[{"count":1,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/482345\/revisions"}],"predecessor-version":[{"id":482347,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/482345\/revisions\/482347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/482346"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=482345"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=482345"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=482345"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=482345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}