Premier League Set to Scrap Profit and Sustainability Rules

One of the most lucrative and highly competitive football tournaments in Europe is set to witness a major overhaul in its transfer spending rules. As per reports, Premier League Chief Executive Richard Masters revealed that the English top flight is set to scrap the PSR (Profit and Sustainability Rules) introduced in the 2015-16 season. According to the PSR, clubs had a limit of 105 million Euros for three years else to face financial breaches.
The new Squad Cost Ratio system is set to replace the PSR. In this new system, Premier League clubs can spend up to 85% of their revenue on transfers, wages, and agent fees. This complies with UEFA's 70% cap. There have been mixed reactions from various clubs. Big clubs like Man City, Newcastle, and Chelsea have welcomed this proposal, whereas small clubs have been critical of the fact that this rule may disrupt competitive fairness

How will this impact Premier League clubs?

The big English clubs like Manchester City, Arsenal, Liverpool, Tottenham, Man United and Chelsea feel this new PSR amendment will give liberty to clubs to spend more on players and bring more exciting talents to the club.

Mid-table clubs like Aston Villa, Crystal Palace, Brentford, and West Ham United have been caught in a dilemma, whether to chase the top 6 by increasing commercials or follow a sustainable method.

Small clubs like Burnley, Bournemouth, Leeds, and Norwich City might find survival difficult due to the new rules, replacing PSR. Over the last few years, the same few teams have undergone promotion and relegation, making the gap between the top teams and the smaller ones increasingly wide.

Will English Clubs Become More Dominant in UEFA Competitions?

Unarguably, the English Premier League is one of the fastest-growing and most luxurious football competitions on the planet. Apart from PSG dominating Ligue 1, Barca and Madrid dominating La Liga, Bayern Munich winning the Bundesliga, the English Premier League often sees some of the best players from all parts of the world.

Last season, two English sides, Chelsea and Tottenham, went on to win the UEFA Europa League, the UEFA Conference League, and the FIFA Club World Cup. Five teams from the EPL compete in the UCL regularly, and this new amendment might see more and more clubs from the EPL competing for continental silverware from the upcoming season..