Premier League golf equipment have unanimously agreed in precept to introduce new monetary truthful play laws from subsequent season at a gathering in London on Thursday.
The profitability and sustainability guidelines (PSR) which have capped how a lot money golf equipment can spend during the last decade are set to be scrapped from the beginning of the 2025-26 season and changed with the same “squad cost management” rule to the one UEFA adopted in 2022.
The new system, which should nonetheless be totally ratified on the Premier League’s annual normal assembly (AGM) in June, will work as a shadow to the present PSR regime subsequent season.
There had been truly two votes at Thursday’s shareholders’ assembly. The first, which obtained unanimous backing, was to progress discussions on the finer particulars of the Premier League squad cost guidelines, with a view to including the brand new regime to the rulebook this summer time. The second, which was supported by a powerful majority, was on how the brand new laws can be phased in.
Under the proposed new regime, golf equipment will solely be allowed to spend a set share of their annual turnover on the wage invoice for the primary group and its teaching workers, plus the amortised prices of their switch charges and all brokers’ charges.
Contrary to recent stories, golf equipment that breach the Premier League’s guidelines will nonetheless be topic to factors deductions.
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Premier League agree new monetary truthful play guidelines for subsequent season
