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Home Latest Stories Football

Premier League clubs escape PSR charges

Samuel Evans Enyan-Riquelme by Samuel Evans Enyan-Riquelme
January 14, 2025
in Football, Latest Stories, Uncategorized, World News
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Premier League clubs escape PSR charges
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The Premier League has not charged any club for breaches of its profit and sustainability rules after all were deemed financially compliant for the 2023-24 season.

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Most top-flight clubs had to submit their accounts for the 2023-24 season by 31 December and the Premier League is satisfied that all 20 members have remained within the rules.

Under PSR regulations, clubs cannot post losses of more than £105m over a three-year period.

Everton and Nottingham Forest were both sanctioned last season for PSR breaches, and were docked eight and four points respectively.

Leicester City avoided a points deduction after they won an appeal against a charge in September, which covered the three years up until the end of the 2022-23 season.

An independent panel found the Premier League did not have the jurisdiction to punish the Foxes as the club had been relegated to the EFL Championship when their accounting period ended on 30 June 2023.

In a joint statement on Tuesday, Leicester and the Premier League said the matter remains “the subject of confidential arbitration proceedings.”

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Samuel Evans Enyan-Riquelme

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Enyan Samuel is a sports writer with a keen interest in African Football and a product of team play. I love sports for a reason and drives my pleasure and happiness watching any kind of sporting discipline. Get in touch via Email enyansamul@gmail.com
, Twitter| @SamEnyan5 On Whatsup| +233205004646.

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