The Premier League's profitability and sustainability rules are set to be replaced this summer by a new financial regulation system. The new system will be aligned with the squad cost-to-revenue ratio contained within UEFA's Financial Sustainability Regulations (FSR) Those regulations will eventually limit clubs participating in European competitions to only spend 70 per cent of revenue on transfer fees, player wages and so on. However, there is no guarantee that the new financial model will even be signed off at the league&