Premier League clubs had to submit their accounts by the end of December to confirm if they remain compliant with the division's profit and sustainability rules
Matheus Cunha poses with Jason Wilcox after his Manchester United unveiling
Matheus Cunha poses with Jason Wilcox after his Manchester United unveiling(Image: Manchester United)
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All Premier League clubs have avoided breaching the Premier League's profit and sustainability rules for the last season. Everton and Aston Villa both sold their women’s teams before last year's June deadline in order to generate revenue for compliance.
Premier League teams had to submit their accounts for 2024/25 by December 31. Sides are permitted losses up to £105million over a rolling three-year period.
The Premier League’s financial team has confirmed that all clubs have complied with PSR rules, according to The Times. They appeared to do so without the merry-go-round of transfers that took place in June 2024 as sides scrambled to comply the year before.
Some clubs found themselves in a very different situation. After only landing Federico Chiesa ahead of winning the league title in 2024/25, Liverpool had a busy June of new signings.
Jeremie Frimpong, Milos Kerkez, Armin Pesci and Florian Wirtz all arrived at Anfield as the Reds broke their transfer record. The Merseyside club had room to manoeuvre after a frugal period.
Likewise, Manchester United had room to work with deals immediately following the Premier League season. The deal to sign Matheus Cunha fell into the 2024/25 financial year for accounting purposes.
That means that last season’s spending on players was more than £340million despite their struggles in the Premier League. The figure is the third-highest single-season spend in the division's history.
United's flexibility on PSR comes as the Premier League's calculation was based on the financial results of Red Football Limited, not Manchester United PLC.
Matheus Cunha of Manchester United signing his contract
Matheus Cunha siigned for Manchester United last summer(Image: Manchester United via Getty Imag)
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Some significant expenditure unrelated to football activity could be stripped out. Losses were far less than originally anticipated, and The Athletic reported that United could lose more than £140m in 2024/25 and still be PSR compliant.
While Aston Villa appear to be set to comply with Premier League rules, they could be hit by a fine from UEFA. The European body can also impose financial penalties.
A heavy fine is expected after the club breached UEFA’s squad cost rule. Financial penalties are imposed if a club’s spending on player wages, transfers and agents is more than 70 per cent of its revenue.
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