Unpopular rule set to remain for one more season – and Manchester United will feel the pinch the most
The Premier League is set to delay the removal of Profit and Sustainabilty Rules (PSR), talkSPORT understands. Premier League shareholders have decided to put off replacing the unpopular rule for one more season. GettyManchester United’s transfer business is set to be limited by PSR again[/caption] Plans had been in place for PSR to be removed at the end of the current campaign. However, it will now remain in place until the end of the 2025/26 campaign. The continuation of PSR comes as the implementation of a UEFA-style squad cost ratio approach is delayed. Under the proposed new rules, clubs’ spending on wages and transfer fees will be limited to a set percentage of their income. A decision to delay the change was effectively sealed at Thursday’s shareholders’ meeting. The change of plans come as the Premier League faces several legal challenges, most notably from Manchester City amid their battle against Financial Fair Play charges. Meanwhile, the Professional Footballers Association (PFA) have also threatened to take action if the spending rules were changed without adequate consultation. Current PSR rules limit clubs to losses of £5million a season across a three-year period. Those losses can be increased to £35million with owner investment to bring them below the £5million threshold. Clubs are also only allowed to spread the costs of their transfers over a maximum of five years. GettyUnited will feel the PSR pinch the most as the rules remain for another season[/caption] GettySir Jim Ratcliffe and Ineos have blamed the rules for their cost cutting measures[/caption] Both Everton and Nottingham Forest were hit with points deductions last season for breaching the rules. The decision to continue with PSR is set to hit Manchester United the worst this summer. Minority owners Ineos have already blamed the rules for their financial woes since arriving at Old Trafford. A need to comply with PSR has been highlighted as the reason for hundreds of redundancies in a bid to cut costs at United. Another summer of scrambled player trading is now expected in the Premier League between clubs at risk of breaching PSR before the deadline at the end of June. Multiple clubs made frantic deals at the start of the 2024 summer window as they rushed to meet the PSR threshold in time.
The Premier League is set to delay the removal of Profit and Sustainabilty Rules (PSR), talkSPORT understands.
Premier League shareholders have decided to put off replacing the unpopular rule for one more season.
Plans had been in place for PSR to be removed at the end of the current campaign.
However, it will now remain in place until the end of the 2025/26 campaign.
The continuation of PSR comes as the implementation of a UEFA-style squad cost ratio approach is delayed.
Under the proposed new rules, clubs’ spending on wages and transfer fees will be limited to a set percentage of their income.
A decision to delay the change was effectively sealed at Thursday’s shareholders’ meeting.
The change of plans come as the Premier League faces several legal challenges, most notably from Manchester City amid their battle against Financial Fair Play charges.
Meanwhile, the Professional Footballers Association (PFA) have also threatened to take action if the spending rules were changed without adequate consultation.
Current PSR rules limit clubs to losses of £5million a season across a three-year period.
Those losses can be increased to £35million with owner investment to bring them below the £5million threshold.
Clubs are also only allowed to spread the costs of their transfers over a maximum of five years.
Both Everton and Nottingham Forest were hit with points deductions last season for breaching the rules.
The decision to continue with PSR is set to hit Manchester United the worst this summer.
Minority owners Ineos have already blamed the rules for their financial woes since arriving at Old Trafford.
A need to comply with PSR has been highlighted as the reason for hundreds of redundancies in a bid to cut costs at United.
Another summer of scrambled player trading is now expected in the Premier League between clubs at risk of breaching PSR before the deadline at the end of June.
Multiple clubs made frantic deals at the start of the 2024 summer window as they rushed to meet the PSR threshold in time.
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