All 20 Premier League clubs have agreed to limit tickets for away fans to a maximum of £30 for the next three seasons.
The issue of spiralling ticket prices has been a hot topic in football this season, with many arguing that there should be a cap placed on how much clubs can charge, particularly with the record-breaking new TV deal coming into place next season.
The pricing of away tickets will still be down to the individual clubs, but due to other factors such as travel costs, the Premier League has now decided that they can charge no more than £30 for each ticket.
"Premier League clubs have unanimously agreed that for the next three seasons away fans will be able to attend Premier League matches and pay no more than £30 for each of their tickets," read a statement on the league's official website.
"Clubs know that away fans have a unique status. They are essential for match atmosphere and stimulate the response from home fans that distinguishes Barclays Premier League matches from those of other leagues. This unique status has long been understood by clubs, who currently provide away fans with a range of measures designed to assist them, including the Away Supporters' Initiative (ASI), introduced in 2013.
"Away fans have additional travel costs and pay individual match prices, as season ticket and other discounts are not available to them and the responsibility for them is shared between clubs and therefore it is right that there is a collective initiative to help them."
The ticket cap will be introduced from the start of next season and will initially run until the end of the 2018-19 campaign.