This might explain it better.
https://www.theguardian.com/football/2024/apr/29/majority-of-premier-league-clubs-vote-in-favour-of-exploring-spending-cap-plans
Mentioned a lot back end of last yearā¦ā¦.what you spend is linked to spending of clubs at the bottom of the leagueā¦ā¦.will have to have a good read of the proposals re anchoring.
https://www.sportindustry.biz/news-categories/news/premier-league-clubs-financial-rules-psr-scr-tba-regulations/#:~:text=Through this%2C a new anchoring,overview of clubs' financial sustainability.
PFA acts on behalf of its members, the players. They seem to feel theyāve got an argument, be interesting how this panās out given NDM won a case on behalf of agents when the PL attempted to cap their fees.