10 June 2024 - 4:30 AM



Monday briefing: Premier League fails with attempt to close PSR loophole

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The Premier League has failed in an attempt to close a loophole that lets clubs use one-off profits from the sale of hotels, training grounds or other tangible assets in their financial fair play submissions.

As reported by The Athletic, the league made the proposal at its AGM last week, but only 11 of the 20 clubs backed it, significantly short of the two-thirds majority required for a change in the English top-flight’s Profitability and Sustainability Rules (PSR).

Chelsea avoide

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