Wednesday briefing: UEFA concerned Premier League spending rules could widen financial gap

UEFA have raised concerns that the Premier League’s new financial spending rules could increase the gap between English clubs and the rest of Europe, according to BBC.

Premier League clubs have voted to introduce a squad cost ratio (SCR) from next season, allowing teams to spend up to 85 per cent of their revenue on player costs. The system also allows spending to rise to as much as 115 per cent in certain circumstances before sporting sanctions apply.

By comparison, UEFA’s own