So Premier League clubs have opted to push on with plans for a hard spending limit,

a de facto salary cap tied to the income of the lowest earning side in the top flight.

Why do some clubs want more financial regulation?

Who's pushing back against it?

And could this end up with legal

action? I'm Ayahuakimu Lerre. Welcome to the Athletic FC podcast. I'm joined by the Athletic

senior football news writer Matt Slater, who broke the news to that Premier League clubs are keen on a hard spending limit, basically a salary cap tied to the income of the lowest earnings side in the top flight.

Matt, there is a shout out to all the subscribers on The Athletic for questions about the new financial rules.

So we thought we'd throw a few of those to you today.

Now, before we get into the

questions, Matt, quickly, just bring us up to speed as to what was discussed at Monday's

Premier League shareholders meeting. Yeah, sure. Well, anchoring, it's a new term, right? It's going to

slip into the lexicon of phrases that football fans need to have a grasp of right behind amortization.

So the idea, I think of it as a backstop, is to work in tandem with the squad cost rules,

which I think we've discussed on an earlier podcast, and these are the UEFA-style rules that

are replaced, they've already replaced for UEFA financial fair play.

And that's a soft salary cap because that ties a club's ability to spend on what they

themselves earn.

And we've had a version of that in the Premier League for about a decade called profitability

and sustainability,

which I know we've talked about on the podcast many times over the last few months.

And look, as a principle, it's sort of we eat what we kill, right?

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