The Premier League is moving forward with a plan to implement a salary cap starting with the 25-26 season.
The new rules would cap payrolls by introducing an “anchoring” system tied to the TV revenue of the club that finished in 20th place.
Last season, Southampton earned £104 million from TV, $131 million based on current exchange rates, and a multiple of five times that benchmark, or $653 million, would have been the cap had the rules been in place.
The spending would include wages, amortized transfer fees and agent fees.
