Liverpool and Everton will be keeping a keen eye on the transfer market following changes to Financial Fair Play rulings which will allow clubs to spend bigger this summer.
Every six months, there is a mad scramble across the globe as clubs bid to acquire the best talents to bolster their squads.
While some of the pay packets in England have come under scrutiny over recent years, Premier League sides have been forced to adhere to FFP rules, set out by the governing bodies.
However, a slight rule change could offer a major boost to Jurgen Klopp and Marco Silva as they will be able to offer higher wages due to a rule change.
From July 1, adjustments to the regulations has removed a rule keeping a check on wage bill increases.
In 2013, Short Term Cost Control was brought into the ruling system, which prevented clubs from enduring mass spending sprees.
This law meant that any 12-month player wage increases of above £7m had to be funded by new commercial deals.
Now, while this was less of a problem for the bigger, more attractive Premier League outfits, it did prevent others from spending, even within their means.
However, it will be music to some owners’ ears to hear that this rule has been dropped, allowing clubs more freedom to trade in the transfer market.
As explained, although this rule change will benefit every club, this is a significant development mainly for those below the top six, as they bid to break into the illustrious group and challenge for European qualification.
Everton are looking to push their way among the top Premier League sides, this move will allow them to spend more on wages, to attract the globe’s hottest talents.
This ruling means we may see more ambitious spending from ‘the best of the rest’ and also clubs in the bottom half of the table, as they strive to make up the gap.
Could this begin a new dawn of Premier League spending? Perhaps, although it’s much more likely that things might get a little bit more competitive, between the big six and the rest of the division.
