Premier League clubs have voted against new highly controversial salary cap rules - but have green lit the introduction of new squad cost rules to replace the existing Profit and Sustainability Rules (PSR) from next season.
In a landmark meeting on Friday, top clubs have voted against ‘anchoring’ from 2026-27, which would have seen the amount any side could spend limited to five times the prize money and broadcast revenue paid to the club which finishes bottom.
This followed Daily Mail Sport's reporting that an outraged Professional Footballers' Association have threatened legal action - along with three of football's biggest agencies telling the Premier League they will see them in court should they be introduced.