ALL POSTS TAGGED "PSR"
News
/ 17 days agoMan City may not have won its lawsuit against Premier League
On Thursday, Premier League club owners met in London for their first meeting of the 2024/25 season. The clubs discussed several issues regarding the league’s rules. However, one issue that the owners dropped from the agenda became the most important story of this meeting. The clubs were set to vote on an amendment to the […]
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/ 40 days agoChelsea may avoid PSR breach with $100 million hotels deal
The Premier League is officially allowing Chelsea to use profits from selling two hotels to combat a potential breach of profit and sustainability rules (PSR). Chelsea recently offloaded the hotels and parking garages near Stamford Bridge for around $100 million. The buyers in the deal, however, are the same people in charge of the Premier […]
News
/ 41 days agoAston Villa exec says club was hours from PSR breach this summer
Aston Villa executive Damian Vidagany has claimed that the club was recently hours away from breaching profit and sustainability rules (PSR). The West Midlands club previously revealed losses of $151 million in the spring. Financial rules, however, state that Premier League teams cannot exceed $137 million in losses over three years. Because of their precarious […]
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/ 62 days agoChelsea financial breaches may yield points penalty, transfer ban
Chelsea will soon learn its fate regarding an investigation into financial breaches under previous ownership. Roman Abramovich purchased the Blues in 2003 and remained in place until being forced out in 2022. Under the Russian oligarch's control, Chelsea became a force in English soccer thanks to heavy spending. The West London club collected five of […]
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/ 99 days ago10 or more? Leicester face heavy points fine next EPL season
Following their Premier League promotion, Leicester now face the scary possibility of starting the next season with a points deduction. All of this started in the 2022-23 fiscal year when they broke the Premier League's Profitability and Sustainability Rules. Leicester are now in danger of a heavy points punishment after an impartial panel sided with […]
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/ 104 days agoPremier League clubs continue to splash cash despite PSR issues
Premier League clubs are seemingly not pumping the brakes on spending in the summer transfer period, and the record is under threat. This is even though several English top-flight teams are dealing with problems regarding profit and sustainability rules (PSR). These laws currently prevent clubs from exceeding $133 million in losses over three years. Everton, […]
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/ 113 days agoCity face darker clouds: Hacker plots to prove 115 FFP breaches
New information from the hacker responsible for the 'Football Leaks' controversy has cast a deeper shade on Manchester City's reign as Premier League champions. Rui Pinto has handed over five hard drives filled with millions of documents to French and German authorities. These documents, Pinto claims, contain information that could be of "criminal relevancy" against […]
News
/ 115 days agoChelsea, Everton, Villa join forces to combat PSR issues
Chelsea, Everton and Aston Villa are working together in attempting to avoid potential profit and sustainability rules (PSR) violations. Current laws in place bar all top English clubs from exceeding $133 million in losses over a three-year period. Two teams, Everton and Nottingham Forest, previously violated these rules, were charged, and then given points penalties. […]
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/ 137 days agoAnother hit for Leicester: Start season with record point slap
After winning the Championship and gaining promotion to the Premier League, Leicester City confront a very difficult summer. In addition to promotion-winning manager Enzo Maresca leaving, Leicester City faces the prospect of a record-breaking points deduction. Despite making a victorious comeback to the Premier League, Leicester face significant challenges. The club's success on the pitch […]
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/ 161 days agoNottingham Forest appeal rejected: What it means for relegation
The Premier League denied an appeal from Nottingham Forest that now upholds the side's four-point deduction. The club's financial records indicated it exceeded its loss limit in its first season back in the Premier League. Nottingham Forest was only permitted to lose $77 million, per the Premier League's regulations. However, major spending amounted to $318 […]
News
/ 170 days agoLeicester earns Premier League promotion as financial issues loom
Leicester City has officially earned promotion back to the Premier League after one season in the second-tier Championship. Despite shocking the sporting world by winning the Premier League title in 2016 and playing nine consecutive seasons in the division, the Foxes were relegated from the English top flight after the 2022/23 campaign. Nevertheless, Leicester will […]
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/ 172 days agoPremier League to vote on new FFP rules in huge blow to Big Six
Monday, the Premier League teams will discuss "game-changing" financial fair play, or FFP, rules that might introduce a strict pay ceiling, or "anchoring." Also, introducing squad cost limitations is a part of the league's effort to revamp its financial fair play regulations. Clubs in the Premier League have already decided to implement squad spending limitations […]
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/ 183 days agoEverton files appeal to reduce second points deduction
Everton issued an appeal against the second points deduction from just one week ago. The Premier League docked the Merseyside club two points for violations of profitability and sustainability regulations (PSR). Premier League regulations state no club can lose $134 million over three years. However, Everton's financial records showed losses of $112.5 million in the […]
News
/ 185 days agoPremier League teams make decision on spending limit
The Premier League has been considering a club spending limit as a means of dealing with growing player salaries and a level playing field. It is an idea with roots in the United States. Clubs must already comply with UEFA's Financial Fair Play Regulations, which aim to guarantee their financial stability. The Premier League, on […]
News
/ 190 days agoEverton picks up a second points deduction for FFP violation
Once again, Everton faces a points deduction that puts more strain on the club's chances of survival in the Premier League. Earlier in the campaign, the Toffees suffered a six-point drop after violating the league's Profitability and Sustainability (PSR) rules. Now, the Premier League has deducted a further two points from Everton's tally. With eight […]