Everton have been stung by PSR in recent years, which has led to the Toffees being hit with harsh punishments by the Premier League.
The new PSR window opens at the start of next month and that has already seen transfer business limited on Merseyside.
It is believed Everton are waiting for the new PSR window before they truly delve into the summer window.
A lot of work needs to be done at Everton to transform the squad of players that David Moyes inherited from Sean Dyche in January.
Despite other clubs across the Premier League also fearing PSR and the implications of breaching the rules, the likes of Manchester United and Chelsea continue to spend money like it’s going out of fashion.
Man United have exploited PSR and have been called out for their clever workings around the frustrating regulations.
And it now seems as if Everton could potentially be set to try work their own way around the financial rules after years of struggles.
Everton FC v Southampton FC - Premier League
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Everton could blow PSR away with sale of women’s team
Chelsea sold their women’s team to overcome PSR in a move which caused a lot of controversy across the Premier League.
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The Londoners have also been able to sell club assets like a hotel to boost their PSR position in what are clear loopholes in the regulation.
However, Everton may now feel if they can’t beat them they may as well join them.
Roundhouse Capital has a new subsidiary of EFCW Holding Company Limited, as shown in official documents on Companies House.
Could Everton bring doing a “Chelsea” style deal with the Women/Goodison
Roundhouse Capital has a new subsidiary
EFCW Holding Co pic.twitter.com/Ra1JSchQhK
— EFCTRUTH & OPINIONS (@efctruth20802) June 25, 2025
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With this comes the suggestion that The Friedkin Group could be looking to use some of the cunning tactics used by other clubs in the league.
Speaking to Everton News, TBR Football’s Finance Expert Adam Williams has shared his thoughts on the potential sale of the Everton Women’s team.
“One thing I did see – and I have to give credit to the excellent EFC Truth account on Twitter for picking up on this – is that The Friedkin Group have created a new subsidiary company seemingly to house their women’s team,” he said.
“As EFC Truth hypothesises, that could be a precursor for an intra-company transaction to give them more PSR headroom, in the same manner that Chelsea have already done and Villa are considering.
“If they approved the women’s team takeover to themselves, it would have to be done at fair market value, so they’d need to be able to justify the sale price and the artificial profit they, in theory, might book for PSR purposes and make sure it passes the smell test.
“I think the Premier League has opened Pandora’s box by not closing this loophole, but I wasn’t surprised when clubs voted to keep it open. You can’t blame Everton if they do choose to go down this route.”
Everton have already gained PSR boost through women’s team
Huge changes are set for Merseyside this summer as Everton prepare themselves for the move into the Hill Dickinson Stadium.
Everton will receive a massive financial boost through moving stadium this summer through the various means of newfound revenue.
But there is more good news as Everton will retain Goodison Park for the women’s team, which could also provide a PSR boost for the men’s side.
There are seemingly plenty of loopholes within PSR that clubs are taking advantage of, but Williams does not believe Everton fans should be overly worried about the club’s current PSR stance.
“The good news for Everton is that, after 30 June, the £89m they lost in 2022-23 is no longer part of their three-year PSR calculation,” Williams added.
“In 2023-24, they lost £53m. They’ve re-based the squad pretty significantly and, I suspect, trimmed the wage bill in 2024-25. I think their league position will have been slightly higher than they budgeted for, so I think they’ll be okay with PSR without sales. before 30 June once you’ve factored in allowable adjustments.
“Most of the analysis I’ve seen suggests that they won’t need to do any business before 30 June – and that sounds about right to me.
“They’re going to have the new revenues from the new stadium next season, plus a few new commercial deals. After restraining themselves in the transfer market, I think we can expect to see a decent level of expenditure this summer once the PSR assessment window has ticked over.”