Crystal Palace plan scrapped – Stefan Borson
Crystal Palace failed to implement their PSR changes last week as their proposal only benefitted “two or three clubs.”
That is the view of finance expert Stefan Borson, who exclusively told Football Insider that Palace’s proposal “fell flat” as it requires 14 votes to implement new changes.
Palace proposed a change to the Profit and Sustainability Rules from 2024-25 onwards which would increase the allowable loss limit for clubs competing in Europe.
Top-flight clubs voted on the proposal last week but it did not receive enough support to be implemented.
Instead, the Premier League will trial a new squad cost control system next season which will cap spending on transfer fees, wages and agent fees to 85 percent of a club’s income.
Crystal Palace PSR plan only supported by three clubs
Borson explained that Palace’s plan was only attractive for two or three clubs so it didn’t receive league-wide support.
“The issue with Crystal Palace’s proposal was that it didn’t affect that many clubs – it only had a positive impact for two or three clubs,” Borson told Football Insider.
“So when you need to get 14 votes of support it’s actually quite difficult.
“What it means is that anything that clubs try to introduce that does not have a wide application is going to be rejected.
“It’s just the nature of the beast.
“There’s such a small group of clubs that would benefit from the Crystal Palace suggestion that clearly it just fell a bit flat when they proposed it.“
In other news, Man United race Tottenham to sign Crystal Palace star Eberechi Eze
For more Crystal Palace news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.