THE LEAGUE APPROVES A NEW FINANCIAL SYSTEM
The Premier gives City a way out of its problem with Financial Fair Play
Published:6/06/2024 - 20:22h
Updated:7/06/2024 - 03:23h
The City achieves a 'salvavidas' for his complicated situation with the Fair Play. The General Assembly of the Premier will put to proof an alternative financial system that it can give margin in the future to clubs like the 'skyblue', the United, Chelsea or the Aston Villa
The Wednesday 6 June 2024 was a day of decisions that aim to be transcendental for the future of the Premier League. On the table was the option to delete the VAR, but the teams of the league agreed to follow having the referee's tool. But the Annual General Assembly of the Premier took another controversial determination related to the finances of the clubs, as they inform in 'ACE'.
And it is that the Assembly decided to test from the following season through the Premier a system of alternative financial control that on a long-term basis could him give 'air' to teams like the Manchester City, Chelsea, the Manchester United or the Aston Villa, those who were seeing between the 'sword and the wall' by the strict economic control of the league. For the moment, this norm is not vinculante and these teams will have to follow fulfilling with the current rules PSR.
These Rules of Profitability and Sustainability (PSR), whose aim is to improve and preserve the financial sustainability of the clubs and the competitive balance of the league, will remain valid, but the English entities also tested the Rules of Costs of Staff (SCR) and the Rules of Anchorage from above to Down (TBA), a model that is "designed like a preventive measure to protect the competitive balance of the Premier League", according to the own league.
Rejection to the proposal of the Aston Villa
Of equal form, went out to the light more decisions that went have not been approved by 14 of the 20 members of the Annual General Assembly. Such is the case of the proposal of the Aston Villa of Unai Emery, those who posed to increase the losses allowed of the PSR of 123 million euros to 158 million euros during a period of three years. This initiative of the ones of Birmingham has been denied by 15 votes against, three abstentions and two votes in favour.
On the other hand, it has given to know that Aston Villa, Chelsea, Everton, Leicester, Newcastle and Nottingham Forest run the risk of not fulfilling the rules of financial control if they do not have income, seeing forced to sell players before 30 June. The six clubs are to the 'edge of the cornice' and begin to be in danger of sanction (loss of points) of not fulfilling with the regulations of Fair Play Financial.
