Everton: Premier League set to change PSR rules next season after 'unanimous' agreement
Premier League clubs have agreed in principle to introduce new financial fair play regulations starting next season after what happened to Everton, according to The Athletic.
The sports news outlet reported on 11 April that a meeting in London held on 10 April saw clubs unanimously agree on the change after Everton and Nottingham Forest were charged this year.
Instead, a new system will be introduced with a similar "squad cost control" rule to the one used by UEFA clubs, although it must be clarified at the Premier League's AGM in June.
These new rules would allow clubs to spend a percentage of their annual turnover on wages rather than the current £105million three-year allowance under the current rules.
What do Premier League PSR changes mean for Everton?
With both Everton and Forest having been charged and punished under the previous rules, which are the ones they breached, it would be fair to hint that the clubs will be left frustrated at the timing of the Premier League's decision.
Given the inconsistency surrounding PSR punishments and points deductions, which had been a cause for concern, it was only after complaints and outrage from both clubs that the league decided to act and fix the rules which were not fit for purpose.
The Athletic also details that UEFA's rules see any clubs in breach handed a financial penalty rather than a points deduction - although there is no suggestion the Premier League will follow UEFA in terms of their punishment system.
These changes may be seen as too little too late as far as Everton are concerned, but with the clubs having made their decision, it should be viewed as a step in the right direction for the Premier League.
However, it could also be implied that the updated rules will benefit the bigger clubs. Bigger clubs mean higher revenue, which in turn means higher spending ability.
In other Everton news, the Premier League has prepared their legal team for a battle.
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