Assuming it's the same for all (vs e.g. City get a higher multiple by way of finishing top), you should have a truly level playing field.
Sure, the bigger clubs would have access to greater resources, enabling them to ACTUALLY spend more than others, but at least everyone would have the opportunity to spend the same vs accusations of financial doping.
I imagine the actual number will be significant, as well, given that the league won't want to lose competitiveness for attracting the best players to other leagues.
Disclaimer (sadly necessary it seems!) - my posts here on The People's Forum are my own thoughts and opinions as a fan, not those of the Fan Advisory Board. Thanks.
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