£250m Everton claim emerges amid Premier League spending cap development

Everton will not be affected like Chelsea and Manchester City if the multiple of the new financial control measure is 4.5x, according to Kieran Maguire.

The football finance expert explained that the cap on total spending will be based on player wages, amortisation & agent fees being a multiple of the broadcast revenue for the lowest TV earner in the top flight.

With a 4.5x calculation, the Toffees would be positive £250million which may even allow them to spend more.

Via Twitter, Maguire wrote: “Much talk about new financial control measures based on total spend on player wages, amortisation & agent fees being a multiple of the broadcast revenue for the lowest TV earner in PL. If multiple is 4.5x then only 2 clubs would have to reduce spending & others can spend more.”

Everton could actually benefit from this new system

This proposed rule could potentially benefit a club like Everton.

It could level the playing field, ensuring that clubs with lower revenues have a chance to compete with the wealthier clubs. This measure aims to promote competitive balance by limiting the spending of the top clubs, thereby preventing a few super-rich clubs from dominating the league. It would be a significant shift from the current system, where clubs with high revenues have a substantial advantage.

For the Toffees, this could mean an increase in spending, as they would be positively positioned under the proposed 4.5x cap. This could allow them to invest more in players, wages and agents, potentially improving their performance on the field.

Furthermore, this initiative could also address concerns about the financial sustainability of clubs, as it encourages a more disciplined approach to spending. It could help prevent clubs from overspending and risking financial instability, as has happened in the past with several clubs facing points deductions and financial sanctions.