06/02/2024 9comments  |  Jump to last

Premier League clubs are meeting in London this week to discuss potential changes to profitability and sustainability rules.

The two-day meeting starts on Tuesday, 6 February with changes to PSR set to be a significant talking point. It comes after Nottingham Forest and Everton were charged for breaching PSR.

The rules have been subject to some criticism as they prevent clubs from spending money and encourage them to sell their brightest prospects and best players in order to remain compliant with PSR. Newcastle United, for example, didn't spend any money during the January transfer window amid the threat of PSR punishment.

Premier League CEO Richard Masters said last month: "We are considering moving to the squad cost ratio model that Uefa has adopted.

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“On the first day [of the meeting], we will be talking about financial regulation. I don't know whether that's known but the current system we have at the moment, the PSR system, we are contemplating making some changes to that over time.

“We have some proposals out for consultation with our clubs about moving and aligning more with the Uefa system. Uefa have spent 2 years changing its financial regulations away from something called FFP to something called squad cost ratio, which is a different calculation, more a wage-to-turnover type calculation.

“Because over time we have historically aligned with Uefa, because seven or eight of our clubs are in European competition, we need to consider whether that is an appropriate move for us, how we do that and when. That's a large chunk of day one. Day two is a normal shareholders' meeting."

 

Reader Comments (9)

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Alan J Thompson
1 Posted 06/02/2024 at 15:44:40
Is this a scheduled meeting and agenda which had been arranged some time ago or has it been somewhat hastily arranged owing to the involvement of some high profile people and Government committee and department?
Bill Gall
2 Posted 06/02/2024 at 15:55:12
Does the Uefa model give the advantage to the richer clubs?
Brendan McLaughlin
3 Posted 06/02/2024 at 21:39:27
No doubt the injustices suffered by Everton as a result of PSR will dominate proceedings and wholesale, radical reform will ensue.

Won't be holding me breath mind...

Tom Bowers
4 Posted 06/02/2024 at 21:53:21
Not likely to change Everton's current situation is it ?

Good to see some of Everton's young hopefuls among the goals today. Cadamartri and Galloway.

Bobby Mallon
5 Posted 06/02/2024 at 22:59:33
When the fuck are we going to hear about our appeal?
Jerome Shields
6 Posted 07/02/2024 at 05:30:18
There is a matter-of-factness about the Premier League dealing with Everton, whilst an unseemly scurrying about during the Profitability and Sustainability process to change the rules goes on in the background to help other clubs avoid sanctions. Everton will be the only club ever to be referred to two 'Independent' Commissions — that is certain.

IMO the singling out of Everton is not only to do with football finances, but also Russian sanctions. The driver being government influence and threatened regulation, both of which the Premier League is intent on avoiding. The alignment with Uefa, a questionable body, is to provide more regulatory distance.

Stu Darlington
7 Posted 07/02/2024 at 14:46:48
Don't think you're a million miles away there, Jerome. What else could explain the totally disproportionate and almost hysterical treatment of Everton, even after we had allegedly been working together with the Premier League productively to sort the matter out?

Something rotten in the state of Denmark methinks!

Si Cooper
8 Posted 07/02/2024 at 18:18:17
“IMO the singling out of Everton is not only to do with football finances, but also Russian sanctions. The driver being government influence and threatened regulation, both of which the Premier League is intent on avoiding.”

I don't get what the Russian sanctions have to do with it?
The government aren't after Everton because we got backing from someone who has not distanced himself from Putin; Usmanov has already been sent packing and London is still awash with money that flowed out of Russia to support the lifestyle of Putin cronies.

We are being made to walk the plank because of two things: we are ‘big' enough to convince the Government the Premier League's own oversight has and can curtail overspending, but ‘unsuccessful' enough for our crippling to not have any ramifications for the Premier League's ongoing pre-eminence.

Colin Glassar
9 Posted 07/02/2024 at 18:35:27
Bill 2, basically, yes. It all depends on turnover. So the rich clubs stay rich and the poor poor.

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