English Premier League clubs are poised to vote on a controversial salary cap proposal that critics warn could diminish the league’s global appeal and deter top players.
The vote is scheduled for November 21. For the measure to pass, it will require approval from more than two-thirds of the clubs. If adopted, the new rules would take effect from the next football season.
The proposed cap would limit clubs to spending no more than five times the amount disbursed by the lowest-spending club in the league. This spending threshold would encompass player and technical staff salaries, player amortizations, and agent commissions.
British media reports indicate that under this model, based on 2023/24 figures, Premier League clubs could be restricted to an annual expenditure of approximately $671 million (550 million pounds). Any breaches of the cap would result in point deductions for offending clubs.
Manchester City and Manchester United are reportedly among the clubs opposing the change. They argue such a cap would erode the Premier League’s status as the world’s premier football competition. Opponents believe it would make the league less attractive to elite players.
Concerns also extend to the Championship, England’s second tier, with some fearing the cap could make it harder for promoted teams to remain in the top flight.
The Premier League is renowned for its high levels of investment in player contracts and transfers, consistently ranking among the best-paying leagues globally.
Current high-earners include Erling Haaland, who reportedly earns around $630,000 per week. Mohamed Salah follows with approximately $483,000 weekly, and Casemiro completes the top three at about $420,000 each week.