Premier League clubs set to back Uefa-style framework of financial rules

Premier League clubs set to back Uefa-style framework of financial rules- Existing profit and sustainability regulations likely to be axedNineteen clubs thought to support switch to new systemPremier League clubs will meet on Thursday to discuss ditching existing profit and sustainability regulations and adopting a Uefa-style framework of financial rules.Under the league’s rules clubs must not exceed losses of £105m across a three-year period but executives are braced for a soft launch of new regulations next season with a view to fully implementing the proposed model from the 2025-26 campaign. Continue reading…

Source: theguardian.com