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The Independent UK
The Independent UK
Sport
Christian Radnedge

Premier League considers replacing PSR with new financial rules, says chief executive Richard Masters

The Premier League could be set to end its existing financial regulations - (Getty Images)

The Premier League will soon decide on whether to get rid of its divisive profit and sustainability rules (PSR) and introduce a new squad-cost ratio system, chief executive Richard Masters has said.

PSR, introduced in 2015/16 to prevent clubs from overspending, has led to numerous breaches by clubs and has been criticised by teams such as Manchester City, Newcastle United and Aston Villa for limiting the ability to spend.

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