Maheta Molango, the chief executive of the Professional Footballers’ Association, has described the loophole that encourages academy products to be sold by clubs in order to balance the books as “nonsensical” and called for a change to the Premier League’s profitability and sustainability rules (PSR).
With the sale of homegrown players counting as pure profit, several clubs have taken advantage of the opportunity to balance their books before the Premier League’s deadline for submitting their annual accounts on Sunday. Aston Villa, Chelsea and Everton are among those thought to be close to exceeding the new PSR spending limits who have sold players from their academies in recent days.
