A small adjustment to the Financial Fair Play (FFP) regulations, which came into force on July 1st, is set to give Premier League clubs a major boost in the transfer market.
The rule change will allow clubs to spend more money than they were previously permitted, meaning they can attract higher quality players to their clubs.
Short Term Cost Control was introduced to the FFP framework in 2013, which prevented clubs from going on spending sprees. The law stated that an increase in wage bills that exceeds £7m must be funded by new commercial deals.
Much to the delight of the majority of Premier League clubs, football.