PREM club bosses could face points being deducted – when League chiefs press formal charges for breaching the Profitability and Sustainability Rules last season.
All clubs that posted total losses in the previous two seasons had a hard deadline for their accounts for 2023-24, 31 December.
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Club Prem bosses could face points being deducted for breaching profitability and sustainability rules
Under rules voted by clubs in 2023, League bosses must make allegations within 14 days, with cases dealt with and any punishments handed down before the end of this campaign.
Clubs are limited to “allowable losses” – after spending on infrastructure, youth and women’s teams and community projects – is cut out at a maximum of £105m over three seasons, with a limit of £22m less for any seasons spent outside Prem.
Last term, Nottingham Forest were deducted four points for breaking their £61m loss limit by £34m.
The City Ground club admitted in March that losses of between £12m and £17m were on the way for PSR.
This is despite finally being able to factor Brennan Johnson’s £47m sale to Spurs into their calculations.
But previous losses meant they went into the season already £9m OVER their £83m loss cap in 2023-24.
Meanwhile, Everton – who had already been handed a six-point penalty for offending the previous season – lost two more amid losses of £16.5m.
The Toffees, now under new ownership, were looking at a loss of around £90m for the previous two campaigns and were once again sailing close to the PSR wind.
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Those sales were part of an end-of-season carousel that saw Everton pay £9m for Villa’s Tim Iroegbunam, Chelsea sell Ian Maatsen to Unai Emery’s men for £37.5m and sign youngster Omari Kellyman for £19m.
Those deals led Prem bosses to warn clubs that they must not use loopholes in the rulebook to avoid PSR fines and that they are obliged to act “with the utmost good faith” towards their competition and rivals.
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There have been arguments that charging each other potentially inflated fees – with incoming transfers “amortized” over the life of the contract, while sales can be filed at full book value – to circumvent PSR provisions is a breach of that obligation.
Leicester, who successfully argued they were not under Prem’s jurisdiction as they were relegated to the Championship last season, are thought to be the most vulnerable after cumulative losses of £124m in the last three seasons before relegation.
But it is understood the other two clubs could be close to the cut line and their figures could be questioned by Prem’s legal chiefs, opening them up to accusations that could have far-reaching consequences.
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