Premier League set to scrap PSR, says chief executive Richard Masters
Controversial Premier League rule set to be scrapped
- The Premier League is considering replacing its current Profit and Sustainability Rules (PSR) with a new squad-cost ratio system.
- Chief executive Richard Masters confirmed the discussions, noting that PSR has been criticised for limiting club spending and leading to breaches.
- The proposed new system aims to align more closely with UEFA financial regulations, which cap spending on player wages, transfers, and agents' fees.
- While UEFA's cap is 70 per cent of revenue, the Premier League's proposed system would feature a higher cap of 85 per cent to allow clubs greater investment.
- Masters stated this higher cap would help Premier League clubs maintain their competitive edge, with the new rules expected to be put to a vote next month.