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PLAYERS chiefs may take legal action against the Premier League over plans for new financial rules.

The Professional Footballers’ Association has accused top-flight bosses of being in “flagrant breach” of a need to consult the players’ union.

Premier League soccer ball on the pitch.
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PFA chiefs may take legal action against the Premier League over plans for new financial rulesCredit: PA

But the Prem insist they have regularly discussed with the PFA the move to introduce squad-cost rules (SCR) next season.

The PFA fear that clubs could approve new regulations at a meeting on Thursday.

A letter sent to lawyers warns the union will launch legal action if it does not receive a written undertaking to “fully consult” by 4pm on Tuesday.

PFA boss Maheta Molango has already threatened legal action against Fifa over this summer’s controversial Club World Cup in America.

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He has instructed Nick de Marco KC to represent them in the Prem row.

De Marco was the lead counsel who last year helped Leicester escape punishment for breaching financial rules. He also helped the PFA when they successfully challenged an EFL bid for a wage cap.

The new disagreement threatens to derail the process of agreeing new regulations to replace the current Profit and Sustainability Rules.

Under PSR, top-flight clubs are allowed to lose a maximum of £105million over three seasons.

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The SCR proposals limit spending on transfers, wages and agents’ fees to a percentage of each club’s income.

For clubs in Europe, the figure would be 70 per cent with an 85 per cent limit for the rest.

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In addition, regulations would include "anchoring" so the most any club can spend on player costs is capped at five times the income of the lowest-earning club.

The PFA regard this as a sneaky way of introducing a wage cap.

Their lawyers, Mills and Reeve, say the new regulations are “fundamentally flawed”.

Prem chiefs hit back, saying: “We strongly disagree with the PFA.”

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Illustration of the highest-paid Premier League players' salaries.
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