Premier League spending cap: New ‘anchoring’ rules, which clubs voted against salary and transfer limits explained

Premier League clubs have voted to move forward with a proposed spending cap as part of new financial rules that will take effect from the 2025/26 season. As reported by The Athletic, the cap would "anchor" permitted spending to a multiple of what the lowest-earning side earns from the division's centralised broadcasting and commercial deals. The multiple in question is expected to be five times the relevant income of the bottom club after discussions around a multiple of 4.5 found a lukewarm response last year. According to The Times, 16 clubs voted in favour of the proposals at a shareholders'...