Arsenal
In the build up to this week’s Premier League shareholders’ meeting and planned salary cap vote
Arsenal have shifted from strong backing of a Premier League salary cap to a more cautious stance after the exit of executive Tim Lewis, leaving the proposal short of firm support just as clubs prepare to vote on anchoring wage bills.
The plan would tie maximum wage spending to five times the revenue of the bottom club, which critics say could weaken English giants in Europe and face legal challenges from players and clubs, putting Friday’s shareholders’ vote and the whole project in doubt.