Premier League clubs have approved a new alternative PSR, called Squad Cost Ratio (SCR); clubs will now be allowed to spend 85 per cent of their revenue, with these finances monitored each season; ...

On 13 December 2024, the UK's Payment Services Regulator (PSR) published its Market review of UK-EEA consumer cross-border interchange fees final report (MR22/2.7) and Market review of UK-EEA consumer ...

The UK Payment Systems Regulator (PSR) has published consultation paper MR22/2.8 on a methodology for developing a price cap on multilateral interchange fees (MIFs) for UK-EEA card-not-present (CNP) ...

Cards are an essential part of how we make payments in the UK - meaning that it is particularly important that there is effective competition. Following detailed analysis and extensive engagement, the ...

Premier League clubs have agreed ‘in principle’ to implement a spending cap from next year onwards. The new rules, which would come into effect from the 2025/26 season, will replace the current Profit ...

Premier League clubs have voted against the introduction of a salary cap in top-flight football, but a serious overhaul of Profit and Sustainability Rules (PSR) is still being lined up. The proposals ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Late last year, the PSR decided to push ahead with plans to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Over the course of 2021 and 2022, Mastercard and Visa raised ...