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NEW ERA STARTS: PREMIER LEAGUE FINANCIAL RULES ADOPTED FOR 2026/27

Premier League clubs vote to scrap PSR, introducing new Squad Cost Ratio (SCR) rules for 2026/27. The 85% spending cap replaces old loss limits, while a controversial salary anchor was rejected.

NEW ERA STARTS: Premier League Financial Rules Adopted For 2026/27
Exceed 85%? Fines & Points Deductions Confirmed By PL

Premier League teams agreed to the biggest change to money rules in a while, and these new rules will begin in 2026–2027.

The league says that teams have chosen to change from the current Profitability and Sustainability Rules (PSR) to the Squad Cost Ratio (SCR) and Sustainability and Systematic Resilience (SSR) for next season.

Only seven teams were in favour of the top-to-bottom anchoring (TBA) salary limit, which would have limited how much teams could spend on salaries and transfer costs (including agent fees) to five times the money and TV income given to the team that came in last place. Players saw it as a limit on what they could earn, and both of Manchester's best teams were very much against the most debated of the topics being voted on.

The SCR, which was agreed to by the required 14 teams, will limit teams' "on-field spending" to "85 per cent of their football income and net profit/loss on player sales" starting next season. This new rule will take the place of PSR, which limits club losses to £105 million ($137 million) over three years.

Teams will also have a "multi-year allowance of 30%" under SCR, which they can use to spend more than the 85%. Teams must stick to their allowed 85%, or they could face a sports-related penalty. There will be a cost for using this allowance.

The League will now follow UEFA's current SCR rules, which are now set at a limit of 70%. In 2024, UEFA penalised Chelsea and Aston Villa for not following the SCR rules.

The Premier League said that the new rules "are meant to help all teams have a chance to achieve greater success," as well as "clear tracking and penalties during the season, protection from poor performance, the chance to spend before earning money, a stronger ability to invest off the field, and less complication by focusing on football costs."

The league's statement says that SSR, the other change that was approved, is meant to "assess a club's financial health in the short, medium, and long term." Three tests—the Working Capital Test, the Liquidity Test, and the Positive Equity Test—will check if teams can handle short-term costs while also considering their balance sheet and long-term financial health.

CRISIS DEEPENS: ROB EDWARDS' WOLVES SUFFER SOUL-CRUSHING LOSS WHILE CRYSTAL PALACE GO FOURTH

Rob Edwards' debut as Wolves manager ended in a 2-0 defeat to Crystal Palace. The loss marks Wolves' 10th of the season, leaving them rooted to the bottom of the Premier League table.

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Wolves Cement New Low

The anticipated boost from a new manager didn't occur for Wolves, as Rob Edwards' initial match concluded with a 2-0 loss against Crystal Palace at Selhurst Park.

Following a disheartening 2-0 loss to Crystal Palace at Molineux Stadium, Wolverhampton has now faced its 10th defeat of the season.

After hiring Rob Edwards from Middlesbrough, the home team had hopes for a fresh start under a new manager, but the harsh truth of the situation was exposed during his opening game, as Wolves only managed to get one shot on target.

Conversely, Palace extended their streak without a loss to five games across all competitions, propelled by goals from Daniel Munoz and Yeremy Pino, pushing the Eagles up to fourth place in the Premier League table.

Oliver Glasner and his team have now amassed 20 points this season and are presently only six points behind Arsenal, who are at the top of the league.

Instead of just trying to stay in the league, Wolves are now aiming to avoid the unwanted title of the worst team ever in Premier League history.

Edwards traded a promotion chase with Middlesbrough for what is likely the most challenging job in the highest level of English football, and the 42-year-old is now completely aware of the magnitude of his predicament.

Wolves have become only the eighth team in Premier League history to not win any of their first 12 games of the season, leaving their chances of survival looking extremely grim.

Having accumulated only two points this season, it is becoming obvious that the current group of players at Molineux are not capable enough, which was something many foresaw after several significant players left last summer.

As Wolves are already contemplating their future in the Championship, Crystal Palace are seemingly launching an unexpected campaign to qualify for the Champions League.

Glasner's team went through a tough period in October, losing three of their four matches across all competitions, but the Eagles seem to have regained their top form and are currently unbeaten in five games.

DYCHE LETS FOREST PLAYERS SOAK UP INCREDIBLE ANFIELD VICTORY

Nottingham Forest secure a historic 3-0 victory over Liverpool at Anfield under Sean Dyche. Goals from Murillo, Savona, and Gibbs-White seal back-to-back wins, lifting Forest out of the relegation zone.

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Dyche Hails Tactical Masterclass in Forest's Huge Win

Nottingham Forest, under Sean Dyche's guidance, is gradually advancing, and without a doubt, securing this win against Liverpool was a monumental achievement.

After a promising beginning, the Reds had to endure a challenging period in the first half. Nevertheless, they deserved their victory at Anfield, with goals from Murillo, Nicolo Savona, and Morgan Gibbs-White clinching a decisive 3-0 win.

Ahead of the journey to Merseyside, Dyche mentioned progressing incrementally during his pre-match press briefing. He was definitely measured regarding his team's 3-1 victory against Leeds United before the international break.

He stated, "This is a developmental journey, made up of small steps. You cannot immediately instil everything into a group; it requires time to reshape the culture and atmosphere and subsequently implement it."

That outcome before the two-week break marked Forest's initial Premier League victory with Dyche in charge. Now they have consecutive victories and a notable triumph, having defeated the current champions.

Additionally, they have moved out of the relegation area, offering a significant morale lift. The Reds can leverage this to build further progress.

As the final whistle approached, the visiting supporters were in high spirits, and there was an explosion of cheers when it eventually sounded.

Dyche typically goes down the tunnel swiftly after matches, but even he appeared to remain on the field slightly longer on this occasion. It seemed his players were undoubtedly eager to enjoy the moment for as long as possible.

Before departing, Gibbs-White showed his appreciation to the travelling fans. It was a moment to remember. The away fans clearly enjoyed teasing Arne Slot again, celebrating their team’s consecutive league victories at Anfield for the first time since 1963.

Although it's just one result, it could catalyze Forest. Dyche might consider it another incremental step toward recovery, but it is a very steady one.

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