Friday briefing: Premier League’s PSR rules to stay for 2024/25 as new financial regulations delayed
Friday briefing: Premier League’s PSR rules to stay for 2024/25 as new financial regulations delayed
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Qatar warns PSG and BeIn Sports backing could be pulled after Al-Khelaifi indictment
Serie A takes Stats Perform to court over €200 million betting deal
Everton, Forest and Leicester set to be warned over ‘unlawful’ gambling sponsorships
14 February 2025 - 4:30 AM
The Premier League’s Profitability and Sustainability Rules (PSR) will remain in place for the 2024/25 season after clubs agreed that proposed financial reforms will not be ready in time, according to The Athletic.
At a meeting in London on yesterday, top-flight clubs discussed introducing a Squad Cost Ratio (SCR) system, which would cap spending on transfers, wages, and agent fees at 85 per cent of revenue – similar to UEFA’s 70 per cent limit.
However, no vote was held, and clubs accepted that the new regulations will require further work before a formal introduction in 2025/26.
Criticism from clubs
Anchoring – a separate proposal to limit top clubs’ spending to five times the prize money earned by the bottom-placed side – was also reviewed and will be monitored in the background next season.
PSR, which restricts clubs to losses of no more than £105 million over three years, has drawn criticism from clubs like Manchester United, Newcastle United, and Aston Villa, who argue it limits their transfer market spending.
Qatar warns PSG and BeIn Sports backing could be pulled after Al-Khelaifi indictment
Paris Saint-Germain president Nasser Al-Khelaifi has been indicted in France on charges of “complicity in vote-buying and infringement on voting freedom,” as well as “complicity in abuse of power."
The charges relate to an alleged attempt to influence a shareholder vote involving French businessman Arnaud Lagardère and the Qatari sovereign fund, a stakeholder in Lagardère’s group.
Following the indictment, Qatari officials have threatened to withdraw their investments in France, including PSG and broadcaster BeIn Sports, according to a report from france media RMC Sport.
A source close to the Qatari government claimed they are “tired of the false legal proceedings, blackmail and constant criticism” and feel unfairly blamed for issues in France.
Previous legal cases
The charges come two and a half years after Khelaifi was acquitted of corruption allegations in a case concerning World Cup broadcasting rights.
He was also found not guilty in February 2023 following a corruption inquiry into Qatar’s bid to host the 2017 World Athletics Championships.
Serie A takes Stats Perform to court over €200 million betting deal
Lega Serie A has taken Stats Perform to court over its sudden withdrawal from a betting rights agreement with the Italian league last October.
As reported by Italian media, the case centres around Stats Perform's failure to comply with the five-year contract worth a total of €200 million. It is understood the firm has failed to pay either the first tranche of the fee, due on 1st July 2024 or the second, due on 1st September 2024.
Lega Serie A has now followed up on its initial civil precautionary action in relation to the case.
“Malicious nature”
In a statement, Lega Serie A said: “In order to protect the regularity of the betting market on the Italian Serie A championship, the Coppa Italia and the Super Cup, [Lega Serie A] has long since filed a civil precautionary action aimed at ensuring that [Stats] Perform complies with the existing licensing agreement for the commercialisation of the rights to exploit images and data for betting purposes.
“Following further and specific checks, Lega Serie A reluctantly had to note the malicious nature of [Stats] Perform’s conduct, which – potentially assuming criminal relevance – required the filing of a complaint before the Milan Public Prosecutor’s Office”.
Everton, Forest and Leicester set to be warned over ‘unlawful’ gambling sponsorships
Everton, Nottingham Forest and Leicester City are to receive written warnings they could face fines and staff could face prison sentences over front-of-shirt sponsors that have been deemed “unlawful” in Great Britain, according to a report from The Daily Telegraph.
The move comes after the Gambling Commission announced that Everton’s front-of-shirt sponsor, Australian bookmaker Stake, will stop operating in the UK by 11th March.
That means Everton are the third Premier League club to promote a sponsor that cannot operate in Great Britain on the front of their shirts, along with Forest and Leicester.
Unlicensed gambling businesses
In a strongly worded statement, the Gambling Commission said Everton and two other Premier League clubs, understood to be Forest and Leicester, would now receive written warnings.
It said: “The letter will warn that club officers may be liable to prosecution and, if convicted, face a fine, imprisonment or both if they promote unlicensed gambling businesses that transact with consumers in Great Britain.”