Image Credits: Imago Images
Liverpool’s transfer splurge last summer looked, from the outside, like the kind of window that might push a club towards Profit and Sustainability Rule (PSR) trouble.
After landing Florian Wirtz in a £100m-plus deal and adding Alexander Isak in another headline-grabbing move, the Reds still managed to stay on the right side of the Premier League’s financial regulations for the 2024/25 cycle.
That level of outlay was only possible because Liverpool had been relatively restrained the previous year, with Federico Chiesa the only major arrival in a notably frugal 2024 summer window, giving the club breathing room within the three‑year PSR calculation.
According to The Times, every Premier League side has now been cleared by the league’s financial department for the 2024/25 season, with Liverpool among the clubs confirmed as compliant.
Clubs had to submit their accounts by December 31, working within the limit of up to £105m in losses over a rolling three-year period, subject to allowable deductions for infrastructure, academy and community spending. For Liverpool, a combination of strong underlying revenues, Champions League returns and a quieter 2024 window meant that the aggressive recruitment drive of 2025 did not tip them into the danger zone.
What makes this round of PSR sign‑offs more controversial is how some rivals found their way over the line. The Times reveal hat Everton and Aston Villa in particular benefited from selling their women’s teams to associated companies, booking those transactions as revenue to ease PSR pressure.
Chelsea had already blazed that trail by transferring their women’s side to a BlueCo entity in a deal valued at around £200m, a move that generated large “paper profits” and helped them stay within the rules.
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