Soldato
Depending where the cap is set I don’t think it would, also it’s more likely the rest of europe would follow suit especially with the PL being the richest league in the world.That would destroy any hope of us competing in Europe though. NFL only works because it's a closed system.
It also would lead to teams throwing games later in the season to get better caps for next season
if you set the cap for instance at £250m per year for 1st team wages for the PL winners and increased the cap by £5m per year for each descending team, meaning the team coming up from the championship would be able to spend a maximum of £350m on first team wages, you could even exclude players coming through the youth system from the cap, so for instance mason mount would not count to Chelsea’s salary cap, meaning teams would look more toward and giving youth players a chance.