Premier League to introduce a spending cap from next season
via apnews.com
Short excerpt below. Read at the original source.
MANCHESTER, England (AP) — Premier League teams agreed Friday to introduce spending caps in England’s top flight from next season. Clubs’ on-field spending will be restricted to 85% of their soccer revenue and net profit or loss on player sales. There will also be an allowance of an extra 30% – but if clubs exceed […]