BirkenheadBlue
Player Valuation: £70m
With clubs like Spurs and Chelsea facing potential sanctions, and Newcastle unable to compete, of course they were going to do this.
Without reading the article, I’d always suspected they would bring in essence a bond system, where you have to guarantee a pot of money.
If you can say here’s £500m to guarantee loses for say five years, they’ll let you use that much money. It’ll let the rich owners they want.
See that would actually be a relatively sensible rule change, if what they’re aiming for is sustainability.
Obviously doesn’t help competition, but in fairness the PSR rules were never claimed or intended to do that.