Manchester City submits proposal to limit transfer levy increase amid funding debates

Manchester City has proposed a modification to the domestic transfer levy increase as part of the Premier League's New Deal discussions with the English Football League (EFL). The club's revised plan seeks to cap the increase at one percentage point, in contrast to the proposed rise from four percent to six percent. City, along with at least one other Premier League club, is exploring modifications to reduce the financial burden on top-flight teams that are expected to contribute significantly to the funding arrangement. The broader New Deal aims to create a sustainable financial framework for professional English football over the next decade, involving annual payments to the EFL. Ongoing discussions among other Premier League clubs suggest a willingness to negotiate the proposed terms without opposing the New Deal's overall principle.

• 4:30 PMYahoo Sports — Manchester City propose alternative to transfer levy hike as Premier League’s New Deal funding debate intensifies