Premier League Confirms All Clubs Compliant with Profit and Sustainability Rules for 2023–24 Season

The Premier League has officially announced that no charges will be brought against its clubs for breaching Profit and Sustainability (PSR) rules, confirming that all 20 teams are financially compliant for the 2023–24 season. This marks a significant milestone in the league's efforts to ensure financial integrity among its members.

Under PSR regulations, introduced in the 2015–16 season, clubs are allowed losses of up to £105 million over three years, excluding investments in academy development, infrastructure, and community initiatives. The rules aim to prevent financial crises like Portsmouth's collapse in 2010.

While most clubs submitted their accounts by December 31, Leicester City’s compliance was under scrutiny due to their relegation to the Championship. Their appeal against a PSR charge for the 2022–23 period was upheld due to jurisdictional issues, though their financial practices remain under review.

Key Transfers to Meet PSR Limits Several clubs, including Aston Villa, Newcastle United, and Chelsea, made strategic player sales to remain within the PSR margins. Villa and Newcastle leveraged academy player sales to generate “pure profit” in accounting terms, while Chelsea’s high-profile departures helped stabilize their books.

Notable PSR Cases Everton became the first club penalized under PSR in 2023, receiving a points deduction for exceeding loss limits. Nottingham Forest and Aston Villa narrowly avoided breaches through strategic player sales, showcasing the tightrope clubs walk to maintain compliance. Leicester City sold key players like Kiernan Dewsbury-Hall to meet PSR limits but remain under arbitration with the Premier League regarding their financial position.