Premier League clubs have agreed to trial an alternative league-wide financial system alongside the Profitability and Sustainability Rules (PSR) ahead of the 2024-25 campaign.
The decision to trial Squad Cost Rules (SCR) and Top to Bottom Anchoring Rules (TBA) was taken in Thursday s Premier League s Annual General Meeting, where they also voted in favour of keeping VAR.
SCR is meant to regulate a club s on-pitch spending to 85 per cent of its revenue and net profit and loss on player sales, while TBA is being trialled to protect the competitive balance of the league .
In April, Premier League clubs agreed in principle to introduce squad cost ratio rules to replace PSR. However, the league has said it will remain in place once again next term.
The state…