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How Premier League rule change could be bad news for Man Utd, Arsenal, Tottenham and co
THE POWER of the Premier League big boys’ spending potential been reduced this summer.
Arsenal: Managing director discusses club's investment plans
Prem chiefs have axed part of the Financial Fair Play rules that have allowed the bigger teams in the league to spend more than the rest of their rivals.
The Short Term Cost Control part of the rules, which put a cap on the amount clubs could raise their wages by each year, has been abolished.
The rule has given the traditional Big Six an unfair advantage over the chasing pack as they could cover financial losses through commercial deals.
This was beneficial to the likes of Arsenal, Manchester United and Tottenham, who could make more from commercial deals, but not the smaller teams in the league.
Prem chiefs have axed part of the Financial Fair Play rules that have allowed the bigger teams in the league to spend more than the rest of their rivals
However, the axing of the STCC aspect of the FFP rule has somewhat levelled the Premier League playing field.
It means the likes of Wolves and Everton’s pursuits of gatecrashing the top six will now have significantly more money behind them.
The STCC aspect of the Financial Fair play rule may no longer in place, but clubs still won’t be allowed to report more than a loss of £105million over three years.
Although teams looking to break into the top six have received a boost, Arsenal will also benefit from the ruling.
Man United rebuild is a 'great responsibility' says Solskjaer
The Gunners have struggled to heed the rule in recent years but will now be able to allocate more of the cash at their disposal to attempt to lure players to the Emirates this summer.
Arsenal boss Unai Emery is planning a major overhaul of his squad this summer as he looks to build a side capable of challenging for Champions League football.
The Spaniard will struggle to do so, though, as he only has £45million at his disposal before the transfer window shuts on August 8.