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The Latest Breaking News from PSR

Mastercard and Visa raising fees but not improving quality, watchdog warns

The Payment Systems Regulator said it has provisionally concluded the cards market is not working well.

The Independent UK

UK economy heading for ‘soft landing’ says IMF, in warning against tax cuts – as it happened

The IMF has delivered its verdict on the UK economy, and signalling its opposition to pre-election tax cuts from Jeremy Hunt

The Guardian - UK

Nottingham Forest’s appeal against four-point deduction rejected

Nottingham Forest’s appeal against a four-point Premier League deduction for breaching profitability and sustainability rules (PSR) has been rejected

The Guardian - UK

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A Premier League return is the only certainty in Leicester’s cloudy future

Enzo Maresca’s side kept their heads to secure promotion but financial worries loom large as club prepare for the top flight

The Guardian - UK

Manchester United to fight Premier League’s proposed changes to PSR rules

Manchester United understood to want to push against anchoring system that would limit wage bill to league’s lowest television revenue

The Guardian - UK

Chelsea’s £76.5m hotel deals raise questions over PSR compliance

Premier League clubs reacted with exasperation after seeing that Chelsea eased their financial position with the £76.5m sale of two hotels to a sister company

The Guardian - UK

Premier League clubs agree to cap spending on players as part of PSR reform

Premier League clubs have voted unanimously to adopt rules that will cap spending on players, as part of a reform of controversial profitability and sustainability rules

The Guardian - UK

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Premier League has created the impression of a rigged game with PSR

Like VAR, profitability and sustainability rules have created cynicism and not tackled the real problem of Premier League clubs’ huge financial losses

The Guardian - UK

Everton Handed Two-Point Deduction For Breaching Premier League Rules

Everton and Nottingham Forest face points deductions for breaching Premier League's profit and sustainability rules, while Manchester City awaits a hearing...

Top News

Erik ten Hag faces striker shortage, looks for creative solutions

Erik ten Hag reveals his desire to sign a striker for Manchester United in January but is limited by profit and sustainability rules. He discusses the chal...

Autosport

How to be an ace engineer: McLaren Automotive motorsport director Ian Morgan

Given he’s now in his third stint at McLaren, it should come as little surprise that Ian Morgan has a deep passion for the Woking-based giant he first worked for over 25 years ago.

The Guardian - UK

Newcastle’s Kieran Trippier closes on Bayern Munich move as talks continue

Kieran Trippier is keen to join Bayern Munich and, despite Newcastle turning down an initial bid from the Bundesliga club, there is a growing feeling that they may yet be persuaded to part company with their England right-back

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International Business Times UK

Everton and Nottingham Forest Charged Over Breaching Premier League's Financial Rules

After receiving a 10-point deduction earlier in the season, Everton could face more sanctions as a result of the club's financial missteps.

The Guardian - UK

What now for Everton after second Premier League charge?

Already hit with a 10-point deduction for breaking PSR rules the club did not hide their dismay at prospect of another fight

The Guardian - UK

Nottingham Forest and Everton could face points deduction after Premier League charges

Nottingham Forest are facing a potential points deduction and Everton could lose more points after being charged with breaching the Premier League’s profit and sustainability rules

International Business Times UK

Newcastle United May Have To Sell Top Stars In Order To Meet Financial Regulations

Bruno Guimaraes and Alexander Isak may have to be offloaded by Newcastle United at some point after the club recorded a loss of £73.4 million for last season.

The Guardian - UK

Newcastle may have to sell key player in summer after £73.4m loss

Newcastle accept they may have to sell one of their key players this summer as they strive to remain on the right side of the Premier League’s regulations

The Independent UK

New requirements to reimburse victims of bank transfer scams set out

The new consumer protections against authorised push payment fraud will come into force from October 7 2024.

The Independent UK

What Everton’s points deduction means for the Premier League, Man City and Chelsea

Everton were deducted 10 points for a breach of the Premier League’s financial fair play rules - and now the rest of world football is watching to see what comes next

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