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Player Agencies Threaten Legal Action Over Premier League’s Proposed Anchoring Cap

A legal warning from three major agencies raises doubts over the planned late‑November vote on spending limits.

Overview

  • CAA Base, CAA Stellar and a third major agency instructed a London law firm to warn the Premier League that they will sue if the new financial rules proceed, demanding the proposals be withdrawn.
  • The Times names Key Sports Management as the third firm, while the Mirror and Manchester Evening News report Wasserman, highlighting conflicting attribution in fast‑moving coverage.
  • The proposals include an 'anchoring' limit that would cap total squad spending at five times the central distributions to the bottom club, estimated at about £550 million using 2023–24 figures.
  • The PFA has threatened legal action and is preparing to brief all 20 Premier League captains about the impact on player earnings and contracts.
  • Clubs remain divided—with Manchester United and Manchester City among opponents—and some insiders question whether Friday’s shareholders’ vote will proceed, though the league says clubs will have a chance to vote later this month.