The Premier League is set to issue disciplinary charges this week against clubs that may have breached its Profitability and Sustainability Rules (PSR) for the 2021-24 accounting period. Following a fast-track process, clubs that reported losses for the first two years of the cycle were required to submit their financial accounts by December 31, 2024. Now, the Premier League’s financial and legal teams are reviewing those books, with charges expected as early as Monday or Tuesday.
Nottingham Forest and Everton were previously hit with points deductions for breaching PSR in 2020-23, setting a precedent for a potential three-point penalty for clubs found in breach this year. Leicester City is also under scrutiny after being charged with a PSR breach for 2020-23, although their relegation last season prevented the case from going further. However, Leicester’s financial position remains delicate as they seek to comply with stricter Championship regulations.
Meanwhile, Chelsea has faced continued scrutiny due to significant losses and creative financial strategies, including the sale of properties and the transfer of their women’s team. Despite these maneuvers, the club may still be vulnerable to financial fair play investigations.
As the clock ticks down, several Premier League clubs could be in for a nervous wait, with potential points penalties on the line.
Peoplesmind