It signals the end of the financial year for most clubs, the theoretical final opportunity to register player sales to avoid potential points deductions for breaching the league’s Profitability and Sustainability Rules .
But while those clubs at risk of potential PSR breaches – Everton, Chelsea, Villa, Forest, Leicester City and Newcastle United being the obvious cases – are working to meet the limit over the next few days, they can all breathe a huge sigh of relief come Sunday. As football finance expert Dr Rob Wilson explains, the Premier League is now entering a period of PSR transition, which should mean penalties as severe as points deductions are no longer handed down.. “Clubs will push up against the regulations and think to themselves – ‘that’s PSR over, now we’ll have a bit more leeway’.
This can change year-on-year, as was the case for Leicester last year, who moved their deadline from 31 May to 30 June to incorporate the £40m sale ofSo long as it can be proven that a signing was agreed before the deadline, it can be booked in the previous financial year even if the deal is completed five days into July.