Chelsea, Manchester City and the rest of the Premier League have discovered their PSR fate for 2023-24 after seeing the latest deadline pass.
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Clubs must adhere to Profit and Sustainability RulesForest & Everton stung with penalties last seasonNo punishments handed out this time aroundFollow GOAL on WhatsApp! 🟢📱WHAT HAPPENED?
A number of clubs have fallen foul of Profit and Sustainability Rules in recent times, but the Premier League will not be bringing charges against any teams this time around. Leicester City remain at risk of facing future punishments as they are locked in a legal battle with the English top-flight.
AdvertisementGetty Images SportTHE BIGGER PICTURE
The Foxes won a case relating to spending in the 2022-23 campaign back in September, claiming that the Premier League had no jurisdiction over them as they tumbled into the Championship. An appeal against that ruling was lodged.
That means Leicester could still fall foul of PSR regulations, but all teams in the top tier have been declared compliant – with official accounts having to be submitted prior to the December 31 deadline.
WHAT THE PREMIER LEAGUE SAID
The Premier League has said in a statement: “Issues as to the jurisdiction of the Premier League over Leicester City Football Club in relation to PSR compliance are currently the subject of confidential arbitration proceedings.
“Accordingly, neither the league nor the club will make any further comment at this stage about any aspect of the club’s compliance or otherwise with any of the PSR or related rules, save to say that no complaint has been brought against Leicester by the league for any breach of the PSRs for the period ending Season 2023-24.”
GettyDID YOU KNOW?
Nottingham Forest and Everton were stung with points penalties last season for PSR breaches. Clubs in the Premier League are only allowed to post losses of up to £105 million ($128m) over a three-year period. It was reported that several sides were close to that limit.
