Four Premier League clubs could face a nervous wait following the Premier League’s Profit and Sustainability submission deadline, it has been reported.
All 20 Premier League clubs are required to submit their latest financial reports by the end of business on New Year’s Eve and must not exceed the £105 million loss cap for the past three seasons.
Last season, both Everton and Nottingham Forest faced point deductions for violating the Profit and Sustainability Rules (PSR). Forest’s appeal against their four-point penalty was unsuccessful, while Everton had eight points deducted for two financial breaches.
The Daily Mirror now reports that four teams may be nearing the loss limit this time. Among them are second-placed Nottingham Forest and third-placed Chelsea, both of which have spent heavily in recent transfer windows, though Chelsea has also had significant player sales.
Chelsea insiders maintain that they have followed all Premier League rules and are confident in their position. Nottingham Forest, likewise, are reportedly “100 percent confident” in their financial calculations.
Leicester is also reportedly concerned about being close to the PSR limits. The Foxes were previously accused of exceeding PSR limits by £24.4 million at the end of the 2022/23 season, but an appeals panel ruled in their favor, acknowledging that they were in the EFL Championship at the time of the alleged breach. This ruling spared them from a potential six-point deduction.
Everton, too, may be approaching the PSR limits. The club has consistently expressed confidence in staying within the rules, and they remain optimistic about their situation. In the summer, Everton sold players worth around £70 million, including Amadou Onana to Aston Villa for £50 million, to improve their financial standing.
Penalties for any PSR breaches are expected to be issued in January, under new Premier League guidelines designed to prevent the drawn-out cases that occurred with Forest and Everton last season.
