Alan Shearer believes he has found a method for the Premier League’s other teams to compete financially with the best.
Due to financial constraints, clubs such as Newcastle and Aston Villa are currently considering selling their best players in order to develop their teams this summer.
Meanwhile, Manchester United and Chelsea may spend hundreds of millions of pounds in a single window and face no consequences as they plan to do it all over again in the next window.
However, in a Q&A with The Athletic, Shearer believes he has devised a solution that will make it fair for everyone without putting clubs’ futures at jeopardy.
Shearer wants to make big rule changes to the Premier League
Premier League teams can now only spend as much as they earn commercially, which means that larger teams are more likely to succeed.
And as they become more successful, they become a larger worldwide brand, bringing in more money, and so on, but this makes it very impossible for smaller teams to break into that exclusive group of clubs.
Instead, Shearer proposes that clubs with wealthy owners who can afford to invest in their teams without taking substantial risks be permitted to do so if they can put up assets and demonstrate profitability.
The Premier League’s argument has always been that the current rules prevent clubs from overpaying and jeopardising their future, which is correct, but this would achieve the same result while still allowing Villa and Newcastle to compete.
When asked about PSR, Shearer stated, “I don’t think it’s fit for purpose right now.” My opinion is that if you can issue a bond or assets and prove that you are profitable and sustainable, you should be entitled to spend. At the moment, you are not permitted to confront the elite.
“I guess we’ll have to watch what adjustments are implemented this summer. If PSR was balanced in 1994-95, Blackburn would not have won the league…
Newcastle will be really limited this summer
Newcastle will aim to improve in a variety of positions, including a new left-back, backup striker, right-winger, and, following Sven Botman’s injury, a new center-back.
However, they are unlikely to be able to afford first-team options in all of these areas in a single window after being unable to bring anyone in during the January window due to constraints.
It’s a slightly different picture this summer because they’ll be receiving Champions League money as well as any arrangement they have with Adidas, who will become the jersey manufacturer starting next season.
However, the fates of Bruno Guimaraes and Alexander Isak remain uncertain, with Newcastle being advised that if they want to reinvest in the squad, they may have to be moved on.
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