Premier League meeting to discuss salary cap?

Not sure how this would work in reality.
Presume they would have to use the turnover of the lowest club from the previous season.

What happens if a club in a few years has a one off really low turnover - clubs will have to sell lots of players to meet the cap even though they were well inside the cap the previous year.
 
Not addressing the real issue, as usual, which is the unequal distribution of income. If you really want to do something about it:

1. All gate receipts shared equally between the two clubs playing, like it used to be.
2. Champions League money not only going to clubs in the competition, but shared down the pyramid (same for PL money).
3. Completely even sharing of TV mostly already happens.
4. No extra money for being on TV more often, except to pay for any related costs of broadcasting it.

Do all that and you won't need a salary cap because bigger clubs won't be able to dominate financially so easily. Salary caps would be a disaster unless they were agreed Europe-wide. But let's be honest, none of this is actually going to happen. We already have the only sort of salary cap we're ever going to implement, and that's one that allows the big clubs to continue paying way more than the smaller ones by tying it to revenue.
 
Not sure how this would work in reality.
Presume they would have to use the turnover of the lowest club from the previous season.

What happens if a club in a few years has a one off really low turnover - clubs will have to sell lots of players to meet the cap even though they were well inside the cap the previous year.
It's nonsense what is currently being suggested.
The wage cap would realistically have to be separated from cup competitions as no club knows how far they will get in the cups,so how could bonuses for winning such as CL be worked out.
Clubs that were not in Europe could max out their figure while those likely to go far would have to make adjustments, surely a non starter.
 

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