Monday briefing: Championship clubs back new squad cost ratio financial rules

Championship clubs have voted to replace profitability and sustainability rules (P&S) with a squad cost ratio (SCR) system from next season, following approval at Friday’s EFL meeting.

Under the new framework, clubs will be restricted to spending a maximum of 85 per cent of their revenues on first-team squad costs, bringing the Championship’s financial controls closer to those used in the Premier League. The measure was approved with 20 clubs voting in favour and four against.