- The 2023-24 accounts were presented on December 31 for clubs with aggregate losses
- Last season, Everton and Nottingham Forest lost points for infringements.
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Three Premier League clubs are waiting to hear whether they will be charged with breaching the league's Profit and Sustainability Rules (and risk a points deduction) ahead of a decision on Tuesday, according to reports.
Clubs with aggregate losses in the last two accounting periods (2021-22 and 2022-23) were required, under league rules, to submit 2023-24 accounts to the Premier League by December 31, and the The league was required to present any complaints to the clubs within 14 days.
Premier League teams are in default if they exceed the maximum allowable “allowable limit” of losses over three seasons (£105m) and last year several clubs received points deductions or narrowly avoided them after an appeal.
Last January, Everton and Nottingham Forest were accused of failing to comply with PSR regulations relating to their 2022-23 accounts, with the latter club having four points deducted.
The Toffees were docked two points when charges were heard at the end of the 2023-24 season, having previously had 10 docked in November 2023 for breaches of regulations in their 2021-22 accounts. It was later reduced to six on appeal.
Leicester almost received a similar punishment in September but escaped after appealing their PSR decision, arguing they were not under Premier League jurisdiction after being relegated to the Championship last season.
Premier League clubs waiting to hear about possible charges over profit and expense rules
Clubs with total losses over the last two seasons presented their accounts on December 31 (pictured Premier League chief executive Richard Masters)
But the Foxes face an agonizing wait to see if they could return to the Premier League microscope after the newly promoted team posted cumulative losses of £124m in the three seasons before relegation.
according to the sunAll three clubs have been under intense scrutiny during the 14-day review period.
Another Premier League team that has come under close scrutiny is Chelsea, which has spent more than £1 billion on player transfers since the arrival in 2022 of new owners Todd Boehly and Clearlake Capital.
The club sparked outrage in April last year when the west London club sold a hotel at its Stamford Bridge site to one of its sister companies in a bid to avoid breaches of the PSR, in a move believed to have been welcomed. by the Premier. League.
Regulations allow the sale of “tangible fixed assets” to associated parties, and a vote to close the loophole was unsuccessful at the Premier League's Annual General Meeting at the end of last season.
Chelsea ownership also sold the women's team to its parent company, BlueCo Midco, on June 28, the year-end deadline for its 2023-24 accounts.
According to PA Media, the club is confident it has complied with PSR regulations ahead of Tuesday's decision.
Manchester United are also confident of complying with league rules despite posting losses of £113.2m for the year ending June 30, 2024 in September last year.