Premier League Club, Manchester City will be given a window to spend £500m a year under new financial rules voted in by Premier League clubs, should they avoid “expulsion” from the top flight.
Recall that Man City broke the Premier League record for total revenue in 2022/23, bringing in £713m across the season.
Sources have confirmed that Premier League clubs voted to replace the current Profit and Sustainability rules to fall in line with UEFA’s cost cap model.
A transfer expert, Kieran Maguire explains that the reigning champions will therefore have to spend around £500m each season without breaking FFP rules.
“Manchester City will be delighted that the Premier League have adopted a squad control cap that is similar to the one that exists within UEFA.
“That would allow Manchester City to spend around about £500million a year in respect of wages, agents, fees and their net transfer cost.
“Then it comes down to just how much of an investment Abu Dhabi want to make in Manchester City.
“Do they want to be close to the limit, or do they want to operate well within it and actually become a more profitable organisation?” Maguire said.