ALL POSTS TAGGED "Profitability and Sustainability"
News
/ 112 days agoLeicester avoids PSR penalty thanks to relegation loophole
Leicester City has successfully won its appeal after previously being charged with a penalty for breaching profit and sustainability rules (PSR). Premier League officials originally charged the Foxes for exceeding the three-year loss limit of about $137 million. Leicester recorded combined losses of nearly $170 million ending in the financial year of 2022/23. In the […]
News
/ 265 days agoPremier League clubs consider axing PSR in favor of luxury tax
Premier League officials are reportedly considering getting rid of financial restrictions now in place. Current Profit and Sustainability Rules (PSR) state that teams cannot exceed $133 million in losses over three years. The law has seen Everton and Nottingham Forest both receive points penalties throughout the current campaign. Other clubs, such as Chelsea and Newcastle, […]