BREAKING: The Premier League has announced new FFP rules, which will have an impact on Manchester United and Manchester City negatively or positively revealed

The Premier League is going to try out new spending rules next season after hearing that the current rules make it impossible for teams to move up.

Next season, the Premier League will try out new money rules that will “shadow” the current Profit & Sustainability Rule (PSR).

The new law won’t force clubs to follow it; teams like Manchester United and Manchester City will still have to follow the current PSR rules. This new set of alternatives is being tested and has two new parts: Squad Cost Rules (SCR) and Top to Bottom Anchoring Rules (TBA).

TBA will control football costs through an anchoring system that sets a spending cap equal to “a multiple” of the bottom club’s distribution money. SCR will limit a club’s on-field spending to 85% of its income.

The Premier League AGM on Thursday gave the trial the go-ahead. Everton and Nottingham Forest were both docked points over the past year for trying to close the gap to the “big six.” This led to complaints that teams were being punished for trying to catch up.

The Premier League said in a statement, “At today’s Annual General Meeting, clubs agreed to try out a different League-wide financial system next season, but they are not required to do so.”

There will be no changes to the current Profitability and Sustainability Rules (PSR), but teams will test the Squad Cost Rules (SCR) and Top to Bottom Anchoring Rules (TBA) in secret.

“This will give the League and clubs a chance to fully look at the system, including how UEFA’s new financial rules work, and finish talking to everyone who needs to be heard.”

The statement went on to say, “The overall system aims to improve and preserve clubs’ financial sustainability and the competitive balance of the Premier League, as well as to encourage clubs to strive for excellence, make it easier for clubs to align with other relevant competitions, and help clubs compete in UEFA club competitions, all while giving clubs, fans, and stakeholders certainty and clarity.”

According to SCR, a club can only spend up to 85% of its football income and net profit or loss on player sales on on-field costs. Based on a multiple of the predicted lowest central distribution for that season, TBA is an anchor at the League level that is linked to football costs.

The purpose of this move is to protect the competitive balance of the Premier League ahead of time. This protection is meant to not have an effect unless clubs’ incomes start to differ in a big way.

If new rules are officially put in place in the future, they won’t change the case involving the 115 claims of financial wrongdoing against Manchester City. They deny all of the charges. The club has also sued the Premier League over rules about transfers that they say are illegal. The hearing for that case will begin next week.

At the meeting on Tuesday, clubs decided 19-1 against getting rid of VAR, with Wolves being the only club to vote in favor.