Sheffield United manager Chris Wilder says he believes there is a ‘sweet spot to be found’ when approaching how much clubs should spend in the Premier League.

Premier League clubs have voted for new spending rules from the 2025/26 season, with clubs possibly being restricted to spending a maximum of 70 to 85 percent of their revenue.

Wilder said: “I’ve been a part of both really – when I first started as a manager I had a really good budget and I think a lot of managers would like that opportunity of going and signing the best players, but I have seen clubs that overspend and go reckless and pay the price. So is there a sweet spot in between? Hopefully there is.”

He went on to say that there has to be a level of control over spending in football, referencing Bury FC who went into administration in 2020.

Chris Wilder on Premier League spending cap

Sheffield United had their relegation from the Premier League confirmed last Saturday, but will be hoping to have returned to the division by 2025, when these rules come into effect.

The Blades spent £57.3m on transfers this season, and made a transfer income of £26.45m, giving them the 7th lowest net spend in the league this season.

Speaking at a pre-match press conference today, Wilder also spoke about United’s last few games, saying they want to ‘go out on a high’ despite relegation.