Manchester City were against the introduction of a salary cap that was voted on by Premier League clubs on Monday
At the Premier League shareholders meeting in London on Monday, Tom Werner and Billy Hogan would have been pleased with the outcome.
READ MORE: Mohamed Salah update means first transfer decision could be biggest for Liverpool's new power structureIt has been widely reported that a multiple of four-and-a-half be adopted, meaning that based on the 2022/23 merit payments, that would be the £94.2m that Southampton achieved directly from TV revenue, with that sum made up of equal share, merit payments and facility fees that were derived from domestic and international rights.
As first reported by The Times on Monday, Manchester City were against the proposed introduction of a salary cap, joined in their stance by Manchester United and Aston Villa, while Chelsea abstained from voting. Liverpool was among those in favour of such a control. The changes will have to be ratified at the Premier League’s AGM this summer, while there is also likely to be some pushback and clarity required from the Professional Footballers Association given that it could impact the earning potential of its members.
Liverpool had the third highest wage bill in the Premier League last year at £373m, a rise of £165m from where it was in 2017, behind Chelsea’s £404m and Manchester City’s £423m.
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