The main reason....

[WTF11]

Next season (2024/25) spending must not exceed 85% of turnover, dropping to a 70% limit by 2025-26 & thereafter.
The squad cost ratio effectively acts as a ''soft'' cap on what clubs can spend.

So the PL are to meet & set to scrap their divisive profit & sustainability structure, which permits clubs to lose up to £105million across a 3 year period then.

In its place will come a structure focused on club’s actual revenue & only being able to spend a percentage of that in the transfer market along side wages too.

Wages, transfer payments and agency fees can only make up 70% of a European club’s total income under such conditions. Non-European Cup clubs will have 85% spending power.

So a 85% revenue cap would mean that we are currently "£9.52million short" of what we would need to steer clear of possible breaches & if promoted could face a charge. ��

Is Bamford worth £10 million by any chance ?



Some frightening figures here - don't have nightmares. ��
Premier League PSR & Chelsea spending: Clubs total of £1bn of losses in 11 charts - https://www.bbc.com/sport/football/68713522

So, not for the first time (and some issues of very recent vintage (FA Cup replays)), we have the PL suggesting rules that will, automatically, entrench the ability of the top teams in the PL to outspend their more lowly opponents. And we aspire to join this money-grabbing, "devil take the hindmost", disreputable bunch of absolute reprobates. Makes you wonder why, do we as supporters want to be regarded with the disgust that every supporter outside the PL holds these people?

[hopelesslyoptimistic]

IMHO let the clubs spend the money and if they go bust then wind them up and take action against the directors - there are already more than enough corporate laws to deal with this without football making a horlics of it.