Man United and Premier League rivals set for imminent points deduction decision after £113m loss
The Premier League is set to issue complaints on Tuesday to any clubs found in breach of its profitability and sustainability rules (PSR), which could result in a points deduction. There has been speculation that Leicester City may face charges from the league, but neither party has commented on the matter.
Sources close to Chelsea's ownership are highly confident of their compliance despite significant transfer spending since the 2022 buyout by a consortium featuring Todd Boehly and Behdad Eghbali, according to the Press Association. Everton and Nottingham Forest also express confidence in their compliance.
Both clubs were charged last January with breaching PSR, which stipulates that clubs are in breach if they exceed the maximum permitted losses of £105million over three seasons, a figure which is reduced for any of those seasons spent outside the Premier League. These charges were related to their 2022-23 accounts and were fully heard within the final months of last season under the league’s ‘standard directions’ for PSR breaches, with Everton docked two points and Forest four.
Everton had also been docked 10 points in November 2023 for a PSR breach for the period ending with their 2021-22 accounts, a sanction which was reduced to six points on appeal last February. Clubs with aggregate losses in the last two accounting periods – 2021-22 and 2022-23 – were obliged under league rules to submit 2023-24 accounts to the Premier League by December 31, with any complaints to be issued to clubs by the league within 14 days.
Manchester United revealed a £113.2m loss for the year ending June 30, 2024, in September, but maintain their confidence in compliance considering all factors. Investments in infrastructure, academies,