Prem clubs have agreed to introduce a minimum amount each team must spend on players’ wages from next season in a bid to improve the competitive balance of the top flight.

Each club will be expected to spend £5.4m a season on talent.
The salary cap will remain at £6.4m, with ‘credits’ on offer such as for home-grown talent which stretch the restriction to £7.8m.
Failure to spend up to the ‘salary floor’ will be punished by a fine equivalent to the difference between a club’s squad spend and the lower limit, incentivising clubs to invest in their squads.
New lower figure
Several clubs are like...