Hot topics close

Premier League expected to maintain PSR rules next season ESPN

Premier League expected to maintain PSR rules next season ESPN
The Premier League is expected to keep profit and sustainability rules (PSR) for next season, rather than move to reworked financial controls.
Open Extended Reactions

The Premier League is expected to keep profit and sustainability rules (PSR) for next season, rather than move to reworked financial controls.

PSR is designed to limit losses but the new system, which considers squad-cost ratio and anchoring, determines how much a club can spend based upon the money it generates.

PSR had limited the ability for many clubs to sign players, with Manchester United and Newcastle United among those to be restricted. The new rules would allow clubs greater flexibility for transfer spending.

Clubs met for the regular Premier League Stakeholders meeting on Thursday, but agreement could not be reached on all aspects and there was no vote on whether to introduce it. Some clubs were happy for it to come in this summer, but others believed changes or more consultation was necessary.

Editor's Picks

2 Related

In addition, Manchester City have launched a fresh legal challenge against the regulations, specifically related to "associated party transactions." APT rules are designed to ensure fair market value is applied to commercial deals with organisations closely aligned to club owners.

This would likely have to be resolved first. It is now more than likely that PSR will continue for one more season as time runs out to agree any changes, with the new method running in "shadow" alongside.

The situation is also complicated by the UK government's new football governance bill. The detail of the legislation has not yet been finalised but will require football clubs to show they are behaving in a financially sustainable way.

While the Premier League intends to devise its own definition of sustainability, it must fall into line with this legislation under the control of the incoming independent football regulator.

Clubs in UEFA competitions already have to comply with a system similar to squad-cost ratio.

Similar shots
News Archive
  • Grampians fire
    Grampians fire
    Grampians National Park fire grows from 500 to 5000 hectares in ...
    19 Dec 2024
    3
  • Renfield
    Renfield
    Watch the first trailer for 'Renfield' starring Nicolas Cage and ...
    6 Jan 2023
    3
  • NASCAR Chicago
    NASCAR Chicago
    Shane van Gisbergen wins Chicago NASCAR race in Overtime
    3 Jul 2023
    1
  • Cortnee Vine
    Cortnee Vine
    Matildas World Cup hero Cortnee Vine signs three-year deal with ...
    15 Jun 2024
    3
  • Al Pacino
    Al Pacino
    Ridiculous move that sent Al Pacino broke
    16 Oct 2024
    6