Premier League clubs are having to scramble for late transfers on what is a ‘mini deadline day’ to comply with PSR.
The summer transfer window has just opened, but already we’ve seen several clubs forced to spring into action to try and avoid potentially being charged or worse, possible points deductions.
As per the Premier League’s PSR regulations, a club isn’t allowed to make a loss of more than £105million over a period of three years – and even less if they’ve spent part of that period in the Championship.
We’ve already seen the likes of Everton and Nottingham Forest receive punishments for breaches, with other sides trying to avoid the same type of sanction.
For this year, the deadline is Sunday the 30th of June, marking the end of the Premier League’s financial year, meaning clubs will have to submit their accounts proving that they’ve complied.
Sky Sports first reported that six Premier League clubs face having to sell players, sources telling them that Chelsea, Aston Villa, Newcastle, Everton, Nottingham Forest, and Leicester were being pressured to offload one or more key assets.
But then Sky Sports took down their tweet and article announcing the news, with Chelsea saying they didn’t need to sell players this month, but will need to make sales to keep in line with PSR for the 2024/2025 season, with that cut off being for next summer.
Deals can’t be processed on the 30th of June 2024 due to it being a Sunday, which isn’t a working day, but club can prove to the Premier League via paperwork of their business and dealings regarding any transfer they plan to make to make sure they can get it into this year’s balance sheet.
Newcastle, Aston Villa, Everton and Chelsea have been busy since the window opened on the 14th of June.
Villa recorded a loss of £119m in their last accounts, dating 31 May, 2023, so needed to move quickly to avoid any breach.
Everton were docked six points last season for two separate breaches while Chelsea have spent around £1bn since the Todd Boehly-led consortium’s takeover in 2023.
The majority of those Chelsea signings were signed to at least six-year deals to spread payments across a long period, limiting the losses per year to help meet PSR requirements.
Aston Villa, who recorded a loss of £119 million in their last accounts, acted quick to try and avoid any breaches.
Lewis Dobbin has signed for Villa while Tim Iroegbunam joined Everton, each for reported fees of about £9m.
As mentioned, Everton were already deducted six points for the 2023/24 season for two separate breaches, while Chelsea have spent around £1 billion since the takeover of Todd Boehly-led consortium in 2023.
Most of Chelsea signings had been signed to at least six-year deals to spread payments across a long period, limiting the losses per year to help meet PSR requirements.
Aston Villa and Chelsea have also done business ahead of the deadline, with Villa selling Omari Kellyman to Chelsea for £19 million, just two years after they signed him from Derby for £600k, while Chelsea are selling Dutch defender Ian Maatsen to Villa for a reported fee of £37.5 million.
According to Sky Sports, on Saturday [29th June], Newcastle accepted a £33m bid from Brighton for 19 year old winger Yankuba Minteh, who spent last season out on loan at Feyenoord playing under Liverpool’s new boss Arne Slot.
Newcastle have also accepted an offer from Nottingham Forest for Elliot Anderson, as per Keith Downie, with the player in the midlands overnight waiting to find out where he was heading. A medical is being done on Sunday morning with the deal getting the green light.
Nottingham Forest neither want, nor need, to sell Anthony Elanga amid interest from Newcastle.
As far as Nottingham Forest are concerned, they expect to be compliant with PSR should the sales of Orel Mangala and Moussa Niakhate to Lyon go through. Both deals are moving closer.
Talks between Newcastle and Liverpool over the potential sale of Anthony Gordon hasn’t progressed because Jarell Quansah would’ve been part of the deal.
❌ Newcastle are no longer pursuing their move for Dom Calvert-Lewin.
💰 They had been in talks with Everton over a £40m move for the striker, but it’s now OFF.
🇬🇲 Yankuba Minteh is also very unlikely to now move to Goodison in the opposite direction, with strong interest from… pic.twitter.com/Jj12azPL7t— Keith Downie (@SkySports_Keith) June 24, 2024
🚨 Chelsea have had further contact with Newcastle over striker Alexander Isak today.
❓Newcastle do not want to sell any of their star players but are in a difficult position with PSR deadline looming on July 1.
💴 Isak, who scored 25 goals last season despite a recurring groin… pic.twitter.com/BFViok36D0— Keith Downie (@SkySports_Keith) June 28, 2024
Told that Nottingham Forest neither want nor need to sell Anthony Elanga this weekend. They want to keep the winger as he’s a key player.
Understand Forest feel they are under no pressure to sell this month due to sales of Moussa Niakhate & Orel Mangala to Lyon edging closer.… https://t.co/SmxRwe92aJ— Keith Downie (@SkySports_Keith) June 29, 2024
🇬🇷 The player is Greek goalkeeper Odysseas Vlachodimos #nufc https://t.co/MQjitiSTGH
— Craig Hope (@CraigHope_DM) June 30, 2024
Liverpool are keen on Gordon, but feel Quansah is a big part of their plans going forward having become a first-team regular as well as strength in depth in attacking positions and see him as a future regular in the England squad.
Keith Downie: “Seems alien that #NUFC are owned by the richest Sovereign Wealth Fund in the world, yet are being forced to sell players they want to build their team around to avoid a points deduction.
“Of course they knew the rules last summer, and in January, but it’s a weird addition to the game that’s bringing about unprecedented situations (like a transfer deadline day at the end of June!)🤷🏽♂️”
Absolutely not. Just think the rules are weird! And Villa struggling with them too!
— Keith Downie (@SkySports_Keith) June 29, 2024
It’s a fair point. There’s been a big outlay with very little coming in.
— Keith Downie (@SkySports_Keith) June 29, 2024
🚨 Can confirm Brighton have agreed a fee with Newcastle this evening for Yankuba Minteh — £33m.
🇬🇲 Brighton, Forest, Everton were among a host of PL clubs that have shown interest in the Gambian winger.
✔️ Minteh happy with Brighton and set to accept their proposal. #NUFC pic.twitter.com/dMivLyGim9— Keith Downie (@SkySports_Keith) June 29, 2024
“Newcastle could yet be active in the transfer window tomorrow, despite agreeing a fee with Brighton for Yankuba Minteh.
“Understand is the £33m received for the Gambian international is unlikely to be enough to satisfy the Premier League’s PSR rules, and avoid a points deduction. It is however, a huge help for #NUFC
“Brighton believe they have bought a gem in Minteh, who impressed on-loan at Feyenoord last season. #NUFC”
Chelsea are stepping up negotiations with Leicester for Kiernan Dewsbury-Hall, having made their approach on Thursday. Clubs are negotiating to understand if they can agree on fee and structure of deal with Chelsea pushing for at least one player included. KDH already gave green light, now waiting.
Chelsea – Maatsen, Hutchinson.
Villa – Douglas Luiz, Kellyman.
Forest – Niakhate, Mangala.
Everton – Godfrey, Dobbin.
Leicester – Dewsbury-Hall
Newcastle – Minteh… https://t.co/2NYKaQtEv9— Keith Downie (@SkySports_Keith) June 29, 2024
Brighton have also been very interested in Dewsbury-Hall, after Chelsea saw a bid rejected, talks are ongoing, with Leicester, in turn, having an interest in signing Brighton midfielder Jakub Moder.
Douglas Luiz’s players-plus-cash transfer from Villa to Juventus should go through with Villa having medicals booked in for Samuel Iling-Junior and Enzo Barrenechea this week.
talkSPORT’s chief football correspondent Alex Crook said: “It’s almost like a mini-deadline day tomorrow [30 June] and Newcastle, probably more than any other club, are up against it in terms of trying to shift players on to avoid any potential points penalties. So they could be busy.
“There’s definitely a case that some of the deal are clubs helping each other out in terms of PSR.
“Big day tomorrow [Sunday] because that’s when the end of the PSR period is.”
@theadelites tweeted: “PSR, P&S, FFP is broken.
“It was meant to level the playing field financially. But it keeps you in your place, and rewards clubs who break the rules.
“Some clubs bend over backwards to try & stay within the rules. #LUFC selling Archie Gray, #NUFC selling Elliot Anderson.
“Home grown talent sold to tick an accounting box. Young lads who love their home team auctioned off like cattle at a market.
“Both players have family members who played for their club, historical ties cut for a broken system.
“And what happens to the teams that break the rules?
“Everton, Leicester, Nottingham Forest all broke the rules and got a tiny points deduction. Pittance compared to reward of staying in (or getting promoted back to) the Premier League.
“Man City broke the rules 115 times and have had zero consequences, except filling their trophy cabinet up and patting themselves on the back.
“Football is crying out for independent regulation, because it cannot regulate itself.
“Leeds United are maybe the ultimate example of why some form of financial constraints and owner oversight is required.
“Peter Risdale’s financial dream almost snuffed out one of the biggest clubs in England.
“Everton (and Forest and Leicester) out-spent Leeds and as a consequence stayed up (or got promoted) and Leeds got relegated and stayed down.
“Everton’s punishment was a 10 point deduction. Fairly significant but not handed out in the relevant season, nor impactful on their top tier status.
“And the punishment for breaking the rules has not rewarded Leeds for abiding by the rules. And every year Everton stay up at Leeds expense, is another £100 million of Premier League TV rights.
“Leeds should have just broken the rules and stayed up. They would be several 100 million pounds better off and still be in the Premier League.
“When clubs benefit from breaking the rules – with little to no consequences – and the cost of compliance is to sell your best academy players. Then the system is utterly broken.
“Between FFP, VAR (toenails offside), rogue agents, sports washing, FIFA corruption, state owned clubs, etc etc football in 2024 is the wild west.
“And about as far away from the game we love as possible.
“And it is in desperate need of regulation or revolution.”
I’m Still not a fan of this “PSR” Newcastle now gotta sell a home grown Geordie,in Elliot Anderson. Just because it shows pure profit on the books.
Fans want to see local lads succeed and get into the first team.— Don Hutchison (@donhutch4) June 30, 2024
This is how fans reacted with Premier League clubs having to scramble for late transfers on what is a ‘mini deadline day’ to comply with PSR…
@Lea_EFC:
PSR in a Nutshell:
Newcastle have endless 💰💰💰
Newcastle spend 💰💰💰
2022/23: Newcastle qualify for the Champions League at Liverpool expense, who finished 5th.
Now: Newcastle are trying to sell Anthony Gordon to Liverpool to appease the PSR rules.
❌ Newcastle don’t need Liverpool’s money.
🤝 PSR protecting the “Big 6” clubs regardless of how much money the other “14 smaller clubs” have.
Clubs can challenge the “Big 6” clubs short term, but long term, they will all fail because of these rules.
@ToonPolls: PSR is strangling the life out of football. Fucking sick of hearing about it tbh. #NUFC
@HowesTheBacon: Any other NUFC fans in the ‘fuck it we’ll take the points’ stage of this ridiculous PSR deadline bollocks?
@NafisahFareedx: good luck to elliot at forest, such a shame that we’ve had to sacrifice him because of these PSR rules. I hope he will get more playing time there but sad we never got to see him breakthrough at his boyhood club. 🥲
@MichaelNUFC_: Look, I’m all for keeping a local lad, but £35M. That’s roughly the same amount we paid for the likes of Bruno and Botman. I wish him well, but that sort of money not only helps our PSR, but that can probably go an get us one or two class players while staying in FFP from July
@ytalksfootball: I think it’s already come to the point where PSR needs to be scrapped. Things are getting ridiculous. Academy players being moved on for inflated fees across the board, clubs not managing based on what’s best for their teams but solely for what’s best to balance the books. PSR was meant to level the playing field for the smaller teams right? Ironically it’s the smaller teams struggling and getting punished here. It’s not football like this. It’s moneyball. Get rid.
@MichaelGallon: PSR will be death of @premierleague. Academy’s now farms fattening young boys up for big sales with no care for on going player welfare. Clubs with huge resource unable to compete because of arbitrary loss figures that stifle competition. Stars ending up in European leagues.
@Marct009: PSR needs looking at, seems as if we are selling a promising young kid who we bought for relatively cheap to develop and a local academy kid to satisfy some rules. Clubs should not be encouraged to sell academy products or forced to sell big starts for less than market value. Clubs in the past have always traded but it’s been on their terms. The teams at the top built their revenue streams and squads with little to no restrictions. Clubs this window have been forced to sell due to rules. In the past this was not the reason for sales
@sinicols: I wonder at what point football as we now know in the top pyramid breaks…. Constant rule changes, var, psr. Watching live now has lost all spontaneity as well… It’s getting to the stage where even now, fans are saying “whats the point? Not just Toon fans either
@msnufc: This PSR has really fucked football. The premier league is far from the best league in the world. Biggest lie in football that.
@cashleslie940: PSR or FFP is ruining football. Created with good intentions to protect clubs from bankruptcy and poor management with the added caveat of allowing the established “big” clubs to remain at the top. It’s now being exposed as anti-competitive and bad for the game

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