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The Guardian - UK
The Guardian - UK
Sport
Matt Hughes

Premier League disciplinary charges make clubs rush to balance the books

EPL PSR the Premier League Everton Leicester Forest Chelsea Nottingham Forest
Premier League ball.
The Premier League has given its financial and legal departments 14 days to study the books of clubs in danger of a PSR breach. Photograph: Sebastian Frej/MB Media/Getty Images

The Premier League will issue disciplinary charges this week against any clubs it deems to have breached its profitability and sustainability rules (PSR) for the 2021-24 accounting period.

Under a fast-track process introduced 18 months ago clubs who have recorded losses for the first two years of the reporting cycle were required to submit their accounts for the financial year ending June 2024 to the Premier League by 31 December. The Premier League has given its financial and legal departments 14 days to study the books of those clubs in danger of a PSR breach, and is expected to issue any charges on Monday and Tuesday.

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