A key part of the new system of redistribution will be based on ensuring cash is spent on infrastructure rather than wages
www.telegraph.co.uk
The premier league teams have announced a new set of financial guidelines and regulations in the hope that the 2020 Superleague scandal won't end up in permanant governmental oversight.
Highlights in order of relevance to City -
- Cap on transfer+Wage spending across the Pyramid (a softer version of the new FFP, 70% of revenue)
- No more League Cup for clubs in Europe
- Relaxing Post-Brexit visa rules.
- Guaranteeing a % of revenue is spent on infrastructure not wages.
- Merit based solidarity payments.
- Wage + Spending controls in the Championship.