To be honest, I'm not interested in fairness. I want us to be able to outspend every other team. Under current rules, spending is linked to revenues and we are the highest earners so we should be able to spend more. Utd and Chelsea won't be in CL so won't have the revenues to spend as much as us. Why the hell would we want to swap this model for one where Utd and Chelsea (and Newcastle, Arse, Liverpool, etc) can all spend the same as us. No wonder we voted against itI think this is a really significant vote for the future of the PL.
By linking the top clubs spending to the bottom clubs revenue (and therefore ability to spend) the PL is making sure it has to pay attention to the lower third of the table. The only way for City, Chelsea & United to spend more money is to grow Luton's revenue.
It strikes me as a very sensible move to preserve competition, probably the most "fair" thing they've done since abolishing shared ticket revenue in the 70's, although I'm concerned about how much it will exaccerbate the parachute payment problem - the only real way for City/Chelsea/United to grow Luton's revenue is to push for bigger central payments from the PL, which is what the parachute payments are tied to.
Can't imagine the PFA will be too happy with the prospect of restricting their members' earnings.
It'll be a draft system next and then the money will move to Spain where it can breath.
It doesn't restrict their members earnings.
That's why it's not a wage cap or a transfer spending cap or an agents fees cap, it's a cap on all combined spending.
If the PFA wants players to earn more, they're now in a position to want to drive down agents fees and transfer fees and make sure the players get a bigger slice of the spending pie.
It'll be a draft system next and then the money will move to Spain where it can breath.
The Premier League isn't an industry, but even if it were, your point is nonsense. Our domestic cricket and rugby are competing with foreign leagues as well, they all impose spending controls. And La Liga and the Bundesliga self impose far harsher restrictions with 50+1 and Tebas' active spending monitoring.
Do you even understand the rule you're complaining about? The current limit would allow PL clubs to spend £566m a year. Which is more than any other clubs in Europe. It's not lowering the spending to the level of a promoted side, it's capping it at 600% what the promoted side can spend.