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New Premier League rule that ‘could change everything’ in line to be introduced ‘as early as next month’

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Manchester City and Manchester United owners
(Photo by Martin Rickett/PA Images via Getty Images, Jean Catuffe/Getty Images and, Catherine Ivill - AMA/Getty Images)

Last Updated on 16 October 2025

The Premier League, home to record-breaking TV deals, blockbuster transfers, and some of the world’s most iconic stars, may be on the verge of its biggest financial shake-up in decades.

As matchday dramas unfold on the pitch, a very different battle is quietly building off it. Premier League club executives are preparing for a high-stakes vote that could redefine the economics of English football and some believe it could be a disaster waiting to happen.

Premier League clubs to vote on ‘anchoring’ salary cap amid growing backlash

A controversial proposal, dubbed “anchoring”, could become reality as early as next month, according to the Daily Mail.

It would set a hard ceiling on how much Premier League clubs can spend. The system would tie each club’s squad spending to five times what the team finishing bottom of the table receives in prize and broadcast money.

Based on 2023/24 figures, that would cap spending at roughly £550 million.

And all that is included in that amount? Everything from player and coach salaries, amortised transfer fees, and agent payments.

If a club breaches the spending twice, it would lead to a six-point deduction, with an additional point added for every £6.5 million overspent.

Mohamed Salah and Erling Haaland battling for the ball
Premier League will struggle to keep a hold of top players – Mohamed Salah and Erling Haaland pictured here – with the rule change . (Photo by John Powell/Liverpool FC via Getty Images)

As a result, there is already a lot of opposition from top clubs. Both Manchester clubs, in particular, have voiced strong opposition, warning it would strip the league of its elite status. They believe this rule would force top players to leave for clubs in Spain, Germany, or Saudi Arabia.

It could also destabilise the financial ecosystem that made the Premier League the most lucrative football league in the world.

Premier League spending a major concern with shocking figures revealed

This push for anchoring isn’t happening in a vacuum. Premier League clubs spent over £3 billion in the latest transfer window, smashing previous records.

TeamSpent (£)Received (£)Net Spend (£)
Liverpool415,000,000187,000,000228,000,000
Chelsea285,000,000288,000,000-3,000,000
Arsenal255,000,0009,000,000246,000,000
Newcastle250,000,000152,000,00098,000,000
Manchester United216,000,00068,000,000148,000,000
Nottingham Forest205,000,000107,000,00098,000,000
Tottenham181,000,00036,000,000145,000,000
Sunderland162,000,00044,000,000118,000,000
Manchester City152,000,00053,000,00099,000,000
West Ham124,000,00055,000,00069,000,000
Premier League top spenders in the 2025 summer window. (Source: BBC Sport)

By the end of August, spending had already reached £2.73 billion, with a flurry of deadline day deals, including Alexander Isak’s £125 million move from Newcastle to Liverpool, taking the total to a staggering £3.087 billion.

To put that in perspective, this is more than the combined spending of Bundesliga, La Liga, Serie A, and Ligue 1 clubs. The record has surged well past the £2.36 billion mark set in summer 2023.

It’s this kind of runaway spending that Premier League chiefs argue the new anchoring system is designed to control. But critics warn that in trying to “protect” the league, the rule could instead strip away the very financial power that made it the world’s best.

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