A proposed “salary cap” could soon reshape English football — and not for the better, according to several Premier League executives. Clubs will vote next month on a new “anchoring” rule that limits spending to a set multiple of the broadcast and prize money earned by the league’s bottom club.
If approved, it could take effect as early as next season, changing how much teams can spend on players, coaches, and agents. The move is part of a broader plan to replace the current profit and sustainability rules, which currently allow losses of up to £105 million over three years.
Manchester Clubs Lead Opposition
Both Manchester United and Manchester City are pushing back hard. The new rule — dubbed the “top-to-bottom anchor” — would cap spending at five times what the bottom team receives in TV and prize money. Based on last season’s figures, that would mean a limit of around £550 million.
Manchester United co-owner Sir Jim Ratcliffe didn’t mince words:
“Anchoring would inhibit the top clubs. If the Premier League can’t compete with Real Madrid, Barcelona, Bayern Munich or PSG, it ceases to be the finest league in the world. That’s absurd.”
Executives warn the rule could drive stars like Erling Haaland and Mo Salah abroad, with Spanish and German clubs free to pay higher wages. There’s also concern that Saudi Arabian sides would lure away more big names, further draining the league’s star power.
Possible Penalties and Player Pushback
Under the proposed rules, a second breach of the cap could trigger a six-point deduction, plus an additional point for every £6.5 million overspent. That punishment has sparked outrage among club directors and agents alike.
The Professional Footballers’ Association (PFA) is already preparing to challenge the rule in court, seeing it as a hard salary cap that restricts player earnings. Some within the union believe many clubs don’t fully understand what they’re voting for.
Fear for Smaller Clubs and the Championship
Critics say the plan could harm the very clubs it aims to help. By tying spending to the league’s lowest earners, mid-table and newly promoted teams could find it even harder to survive in the top flight.
There’s also concern the EFL would copy the system, applying a similar cap in the Championship. If that happened, several relegated teams — including Leeds United, Norwich City, Leicester City, and Southampton — would have breached a notional £40 million cap based on last year’s numbers.
What It Means for Fans and Bettors
For everyday fans — and especially online casino players who enjoy betting on Premier League matches — this could change everything. A league stripped of its biggest names might lose global appeal, leading to smaller TV deals and fewer betting markets.
If top players flock to Europe or Saudi Arabia, English football could lose its “best in the world” status — and the excitement that drives both fan interest and wagering action.
The Next Step
A 25-page draft of the new financial rules has already been circulated, with the vote scheduled for November 21. If two-thirds of the clubs back it, the cap could take effect next season.
Until then, Premier League bosses face a growing dilemma: how to balance financial control without dulling the league’s competitive edge — or chasing away the stars who make it shine.

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