{"id":482511,"date":"2024-04-29T11:19:40","date_gmt":"2024-04-29T15:19:40","guid":{"rendered":"https:\/\/7sport.net\/en\/?post_type=news&#038;p=482511"},"modified":"2024-04-29T17:01:31","modified_gmt":"2024-04-29T21:01:31","slug":"premier-league-clubs-agree-on-spending-cap","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/premier-league-clubs-agree-on-spending-cap\/","title":{"rendered":"Premier League clubs agree on spending cap"},"content":{"rendered":"<p>Premier League clubs have reached an agreement in principle to implement a spending cap, marking a significant shift in the league&#8217;s financial regulations. The proposed spending cap will be determined by the television rights earnings of the lowest-earning club in the Premier League.<\/p>\n<p>If ratified at June&#8217;s Annual General Meeting (AGM), the new spending cap model will replace the existing Profit and Sustainability Regulations starting from the 2025-26 season onwards.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f \ud835\udc01\ud835\udc11\ud835\udc04\ud835\udc00\ud835\udc0a\ud835\udc08\ud835\udc0d\ud835\udc06 | Premier League clubs have AGREED to a spending cap! \ud83c\udfe6<\/p>\n<p>Man City, Man United and Aston Villa were the teams that voted against it, reports <a href=\"https:\/\/twitter.com\/martynziegler?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@martynziegler<\/a>. <a href=\"https:\/\/t.co\/sHiT8b5gi4\" target=\"_blank\">pic.twitter.com\/sHiT8b5gi4<\/a><\/p>\n<p>\u2014 EuroFoot (@eurofootcom) <a href=\"https:\/\/twitter.com\/eurofootcom\/status\/1784947697470066809?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 29, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The current financial regulations have faced criticism for allegedly favoring clubs with the highest revenue, leading to penalties for clubs like Everton and Nottingham Forest during the current season.<\/p>\n<blockquote class=\"twitter-tweet\" data-media-max-width=\"560\">\n<p dir=\"ltr\" lang=\"en\">BREAKING \ud83d\udea8: Premier League clubs have voted in principle to introduce a spending cap \ud83d\udcb0 <a href=\"https:\/\/t.co\/Sj9CjaCyGl\" target=\"_blank\">pic.twitter.com\/Sj9CjaCyGl<\/a><\/p>\n<p>\u2014 Sky Sports News (@SkySportsNews) <a href=\"https:\/\/twitter.com\/SkySportsNews\/status\/1784951987311649153?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 29, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The new spending cap model, dubbed &#8220;anchoring,&#8221; aims to create a more equitable financial landscape in the Premier League by tying spending limits to the earnings of the league&#8217;s lowest-earning club. This move signifies a concerted effort by Premier League clubs to address concerns of financial disparity and promote a more level playing field within the league.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Premier League clubs have reached an agreement in principle to implement a spending cap, marking a significant shift in the league&#8217;s financial regulations. [&hellip;]<\/p>\n","protected":false},"author":137,"featured_media":482512,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[17317],"news_category":[136,14235,16715,14084],"gn_keywords":[17886],"acf":{"announce":"Only three clubs voted against the proposal","video":["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\/482511"}],"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=482511"}],"version-history":[{"count":2,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/482511\/revisions"}],"predecessor-version":[{"id":482519,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/482511\/revisions\/482519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/482512"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=482511"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=482511"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=482511"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=482511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}