The Premier League is considering a drastic new rule change that could have huge implications on the traditional top six, it has been claimed.
Until the emergence of the Saudi Pro League, the Premier League was known for its financial dominance over its rivals.
Eye-watering television deals have allowed the sides near the bottom of the Premier League’s food chain to compete with Europe’s elite when it comes to transfer fees and wages.
However, the gap between the division's traditional top six and the rest has also widened exponentially over the years.
And Crystal Palace co-owner and chairman Steve Parish has claimed the Premier League is considering a new wage bill cap in order to maintain competitive balance.
Speaking at the Leaders Week conference in Twickenham, Parish claimed “really positive conversations” have taken place about the possible introduction of a wage cap.He said: “As far as competitive balance (is concerned), people need to be bold. I think there is change afoot.
“UEFA’s squad-cost caps are one idea. Maybe something that is a bit more rigid than that, with a hard cap at the top, that doesn’t take turnover into account, where there are vagaries of how that turnover comes about.“There are really positive conversations going on about it. We also have to be very careful because there are also unintended consequences.
“Hopefully, we will get somewhere that will be beneficial, not just to the clubs in the Premier League but to the whole pyramid and their ability to compete. We are voting for our competitors to be able to do better and challenge us.”
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