Boardroom scene of Premier League clubs voting to approve 85% squad cost ratio and reject anchoring rules.
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Premier League clubs approve squad cost ratio and reject anchoring

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Premier League clubs voted on Friday to introduce a new squad cost ratio system, limiting spending to 85% of football revenue, while rejecting controversial anchoring plans. The move closes loopholes previously used by clubs like Chelsea and Everton to sell assets such as hotels and women's teams. The rules will replace existing profitability and sustainability regulations from next season.

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