Premier League clubs have in principle agreed to a spending cap.
In a new referendum, three clubs voted against the proposals to 16, with one side abstaining their vote.
The move would see clubs in the top division limited to spending a proportion of the amount the bottom club received in TV money.
It is the first time ever a cap would be introduced to the Premier League, and the vote will now go to an Annual General Meeting (AGM) before it is potentially passed.
The vote took place in London on Monday, with further discussions over details, including the size of the cap, to be taken before the league holds its AGM in June.
Premier League clubs have in principle voted to bring in a spending cap, and it the vote will now go to an Annual General Meeting
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Manchester United, Manchester City and Aston Villa voted against the new proposals, while Chelsea abstained their vote.
The idea behind the proposals is to ensure the league remains competitive, with clubs set to be assured over the cap not causing any reduction on spending from their current levels.
14 out of 20 clubs need to vote in favour of the cap for it to pass later on this year.