Championship clubs up promotion gamble by adopting new financial rules Sport Business Loss-making Championship clubs have raised the stakes in their £1.2bn gamble to reach the Premier League by voting in new financial rules. Teams in the second tier have agreed to adopt a framework based on squad cost ratio (SCR), similar to those set to be implemented in the top division, from next season. The new [...]
Why Squad Cost Ratio rules can’t afford to ruin joy of Premier League Sport Business Trevor Watkins, global head of sport at Pinsent Masons and Former director and chairman of AFC Bournemouth, discusses why changes in Premier League football’s financing rules cannot afford to ruin the sport With the Christmas period behind us, the traditional festive season of football fixtures – once a full list on Boxing Day but now [...]
Premier League clubs to pay levy on overspend after approving new rules Sport Business Big-spending Premier League clubs will pay a levy on any overspend as part of new Squad Cost Ratio (SCR) financial rules voted in for next season. At a shareholders meeting today in London, a vote to introduce SCR in place of the controversial Profitability and Sustainability Regulations (PSR) achieved the required majority. They rejected proposals [...]