Premier League clubs have voted in favour of developing plans to introduce a spending cap. Sixteen clubs approved proposals for the Premier League to complete the final economic and legal analysis needed to create a spending-cap model. The model if voted through it would replace the current Profit and Sustainability Rules (PSR) from the 2025-26 season onwards.
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British billionaire Sir Jim Ratcliffe has agreed to buy a 25% stake in Manchester United for about $1.3bn. Ratcliffe’s Ineos Group will take control of football operations. The 71-year-old will also provide $300m (£236m) for future investment into the club’s Old Trafford stadium.
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Kaden Groves won stage 21 of the Vuelta a España in the Spanish capital of Madrid, securing his third victory in the race and with it the points classification. Meanwhile, Sepp Kuss avoided any scares to ensure that he won the race overall, securing Jumbo-Visma their third successive Grand Tour success.
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American rider Sepp Kuss is set to win this year’s Vuelta a Espana after Dutchman Wout Poels outsprinted Remco Evenepoel to win the penultimate stage. Poels and Evenepoel were part of an early breakaway group, which was reduced to five for a flat finish. And Poels, 35, denied 2022 champion Evenepoel a fourth stage win this year.
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Alberto Dainese (DSM-Firmenich) has won the 19th stage of the Vuelta a España, sprinting to victory at the end of a hot 177.4km stage to Íscar in central Spain. Filippo Ganna of Ineos Grenadiers launched first after a determined lead-out by Geraint Thomas and the team, but tired up just before the line for a still creditable second place.
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