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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.
Chelsea FC has reported a pre-tax loss of £262 million for the 2024-25 season, the largest in Premier League history. This figure surpasses Manchester City's £197.5 million deficit from 2011, despite the club achieving significant successes including the UEFA Conference League and Club World Cup. Chelsea maintains compliance with Profit and Sustainability Rules.