In a strongly worded letter sent to the Premier League and its 20 clubs, the PFA has threatened legal action should the league move forward with a hard salary cap in the upcoming season. The threat comes amid plans to implement a new financial fair play regime that replaces the existing Profit and Sustainability Rules (PSR) with a Squad Cost Rule (SCR) limiting clubs to spending no more than 85 per cent of their total income on wages, amortised transfer fees, and agents’ fees. In addition to SCR, the league is considering an “anchoring” measure that would impose a fixed cap on how much each club can spend on its squad—calculated as a multiple (proposed to be five times) of the central payment awarded to the team finishing 20th in the table. The PFA argues that anchoring would unfairly restrict clubs’ spending on wages regardless of their financial capacity, a view supported by top clubs such as Manchester City and Manchester United. The union’s legal threat follows the recent distribution of briefing papers by the league, with a mandated 21-day consultation period before any substantive vote. While the Premier League maintains that it has complied with all relevant Professional Football Negotiating and Consultative Committee (PFNCC) requirements, the PFA insists that both the SCR and anchoring measures would ultimately harm players’ earning potential. The outcome of this dispute is likely to have significant implications for the league’s competitive balance and the future structure of its financial regulations.