Thursday briefing: Premier League details proposed financial rules to replace PSR ahead of next month’s vote

The Premier League has issued clubs with a 25-page draft of proposed replacements for its profit and sustainability rules (PSR), ahead of a vote next month, according to The Times.

At a shareholders’ meeting on 21st November, clubs are set to decide whether to abandon PSR in favour of squad-cost ratio rules (SCR), or potential ‘anchoring’ rules that would limit spending to within five times the prize money and broadcast revenue of the 20th placed team.

The Premier League has rev