Wednesday briefing: Premier League clubs agree to five-year limit on transfer fee amortisation

Premier League clubs have voted to limit the period over which a player’s transfer fee can be spread in their accounts to five years, regardless of the length of their contract, in line with UEFA’s limit set back in June.

In a statement issued yesterday, the Premier League confirmed that teams had voted in favour of the move, although the rule change will not be backdated to include transfers that have already happened or contracts already signed.

“Premier League