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The Latest Breaking News from PSR

'Chelsea have done nothing wrong because they have kept within the rules, but they certainly haven’t kept within the spirit of the rules': Football finance expert on issues with PSR

Chelsea have taken advantage of the Premier League's rules, which aren't 'fit for purpose'

FourFourTwo

Why Arsenal and Everton COULD be the biggest losers in Manchester City’s case against the Premier League

Arsenal and Everton probably won't thank Manchester City for the rule change they may provoke

FourFourTwo

Man City and Premier League’s legal battle leaves alarming threat to ‘half the clubs’

The Premier League and the four-in-a-row champions have become embroiled in a legal battle over Associated Party Transactions, which could have unintended consequences for other teams

The Independent UK

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read the most diverse news in one place.

‘My father was devastated’: family battles to recover thousands stolen in email scam

New rules that have just come into force aim to help those tricked by authorised push payment fraud

The Guardian - UK

APP reimbursement code: How does it work and what could stop me being refunded?

The new bank transfer fraud reimbursement code will have different rules from the code previously in place.

The Independent UK

The Newcastle United goalkeeping ‘oddity’ laid bare in the Carabao Cup third round as Eddie Howe sends signal to Toon hierarchy

Did Eddie Howe send out a not-so-subtle message via his Carabao team selection?

FourFourTwo

Five big money changes coming in October, from energy bills to the Budget

These are the major changes coming in October you need to be aware of.

The National (Scotland)

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Premier League spends over £45million on legal costs in fight to uphold rules

The cost is contained in information sent to clubs ahead of a shareholders meeting on Thursday.

The Independent UK

Maximum reimbursement limit for bank transfer scam victims slashed to £85,000

The announcement of the reduced limit was made by the Payment Systems Regulator ahead of mandatory rules coming into force next month.

The Independent UK

HSBC calls on tech firms to help refund victims of fraud

Bank says new UK compensation rules will fail to curb APP scams and prove financial sector is not the problem

The Guardian - UK

Should the Premier League adopt an MLS-style salary cap after PSR failings?

As the English top-flight grapples with spending regulations, the US league offers a blueprint for improved parity and financial transparency

The Guardian - US

Friction and unrest expected as Aston Villa fans react to ticket price hikes

Club’s eye-popping Champions League ticket prices rankle with the fanbase amid likely protests at the Everton home match

The Guardian - UK

Fraud has lasting impact on victims’ mental health, warns Which?

People were more likely to say fraud had a negative impact on their stress levels and mental health than their financial situation, Which? said.

The Independent UK

Manchester United post net losses of £113.2m but believe they are complaint with PSR

Red Devils are working to put themselves on a more sustainable financial footing

Evening Standard

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The Independent UK

Man Utd post net losses of £113.2m but believe they are compliant with PSR

Premier League rules allow a maximum loss of £105million over a three-season period but certain losses are deemed ‘allowable’.

The Guardian - UK

‘I couldn’t sleep’: victims of UK fraud epidemic tell their story

With banks set to slash the maximum refund, those who fell prey to scammers recount their trauma … and relief at full repayment

Evening Standard

Paul Mitchell addresses Eddie Howe's Newcastle future amid England interest

Magpies boss thought to have admirers from within the Football Association

The Guardian - UK

Fans criticise Aston Villa’s decision to hike ticket prices for Champions League

Aston Villa have been accused of being ‘out of touch’ and ignoring a request from their fan advisory board to cap Champions League ticket prices

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FourFourTwo

Does Leicester City's appeal success spell the end for PSR in the Premier League?

By the Premier League's own admission, PSR and the integrity of the competition have now been undermined

The Guardian - UK

Why is the UK slashing the maximum banks must refund to fraud victims?

Consumer groups hit out at regulator’s ‘outrageous’ decision to cut limit from £415,000 to £85,000

The Independent UK

Bank transfer fraud reimbursement limit set to be cut under new plans

The limit, which is due to come into force from next month, could be reduced from £415,000 to £85,000.

The Guardian - UK

Leicester could face new PSR charge with Premier League to ask for accounts

Leicester could face another points deduction battle, with the club required to submit their 2023-24 accounts by the end of the year

FourFourTwo

Why Leicester City have avoided PSR punishment after Premier League appeal

Leicester City appealed against Premier League charges of an alleged PSR breach and were successful

Evening Standard

Premier League 'disappointed' as Leicester win appeal over alleged breach of PSR rules

Clubs are not allowed to lose more than £105m over a three-season period under PSR rules

The Independent UK

Premier League ‘surprised and disappointed’ by appeal board’s Leicester decision

Leicester could have faced a points deduction had they been found to have breached the Premier League’s profitability and sustainability rules.

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