Defending champions Manchester City, neighbors Manchester United and Aston Villa voted against. The big-spending Chelsea club abstained, detailed the British media.
The “spending cap” is intended to replace the profitability and viability rules (PSR) currently applied by the Premier League, and for which Everton and Nottingham Forest have been sanctioned this season.
The spending ceiling (salaries, transfer fees, fees paid to agents, etc.) will be calculated based on the television rights received by the worst-off club.
This system, called 'anchoring', will be capped at five times the amount the lowest-paid club receives under Premier League broadcast deals.
For example, last season's bottom team, Southampton, received nearly 122 million euros (£104 million).
Everton and Nottingham have been sanctioned with a withdrawal of points this season for having violated the current rules of the PSR, a sort of English “financial fair play”. Clubs cannot lose more than £105 million over a three-year period.
A number of other clubs are close to crossing that limit, leading to a massive drop in spending in the January transfer window.
