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The Premier League will move to new financial rules in July, called squad cost ratio.<\/a><\/p>\n It is designed to ensure competition for European places but allowing those who do not qualify to spend more money.<\/p>\n The nine teams in Europe can only spend 70% of their revenue on their squad, per Uefa’s rule.<\/p>\n For the other 11, it starts at 85% but could potentially go as high as 115%.<\/p>\n Uefa sees this as a problem.<\/a> It fears clubs in Europe will have to spend more to sign players and to keep those they already have.<\/p>\n Take Bournemouth<\/a>‘s signing of Rayan from Vasco de Gama in January, breaking the Brazilian club’s transfer record in the process. <\/p>\n In March he made his Brazil debut, and this month he was named in his country’s squad for the World Cup.<\/p>\n This was the kind of signing that you would have expected Juventus, Inter Milan or AC Milan to make, bringing a 19-year-old over to Europe as one of the Selecao’s brightest prospects. <\/p>\n Now such is the spending power of the Premier League, a club like Bournemouth<\/a> can offer more money than the old guard – and provide a clear stepping stone for future development as seen by Dean Huijsen’s move to Real Madrid.<\/p>\n “It’s indicative of the gulf that exists,” Maguire added. “To a certain extent, it’s testament to the enthusiasm for football in the UK. We’ve seen increased attendances on a regular basis because the sport is so dominant. <\/p>\n “A significant proportion of overseas players are now choosing to play in England than elsewhere in Europe because of the wages on offer.”<\/p>\n These players are no longer always looking at Italy or Spain, now it’s often Bournemouth<\/a>, Brighton<\/a> and Brentford<\/a>. <\/p>\n And it is these clubs, backed by the Premier League millions, who are filling the secondary competitions.<\/p>\n The Europa League looks to be a stronger competition next season, however. AC Milan, Juventus and Benfica are also inside the Deloitte top 20, while Bayer Leverkusen offer clear pedigree. <\/p>\n Sunderland<\/a> and Bournemouth<\/a> will be in the competition, joined by Palace as Conference League winners. It will present a real test of the Premier League’s dominant position and its financial power.<\/p>\n