Chelsea along with all other clubs have received a warning mail from Premier League. The financial year ends tomorrow on 30th June and Chelsea are on the verge to break the profitability and sustainability rules. However the club is doing the best they can to try and avoid facing the negative consequences. Along with Chelsea, Aston Villa are also on the radar of breaching PSR rules. Chelsea and Aston Villa have been involved in selling many players to each other. Premier League are suspecting this as fraudulent player transfer and hence have sent a warning mail to all the clubs in the League.
Swap deals increasing in number
Many of the Premier League clubs are selling players to each other. Despite Premier League not liking this swap deals, it has nothing to do with breaching the rules set by league. Aston Villa sold Tim Iroegbunam to Everton and have signed Lewis Dobbin from them. Tim Iroegbunam costed £9 million for Everton whereas selling Lewis Dobbin earned them £10 million profit. Chelsea are set to sign Omari Kellyman from Villa and sell Ian Maatsen to them. Signing Kellyman will cost Chelsea £19 million whereas selling Maatsen will earn them £37.5 million.
Chelsea along with all other clubs receive mail from Premier League
According to reports from BBC Sport, Premier League have sent an email to all of the Premier League clubs. The objective of mail was to warn the clubs about selling the players to each other. Premier League is viewing this as an unusual activity in the transfer market. However it doesn’t breach any of the protocol set by the League. The swap deals would help the clubs to stay within the profitability and sustainability rules. However Premier League board is not happy with it and viewing it as fraudulent player transfers.
Transfer market has just began and there is lot of time for the clubs to sign new players. However the financial year will end on 30th June. If found guilty of breaching profitability and sustainability rules, the clubs will undergo points deduction which can make thier way in league next season very tough. In 2023/24 season two clubs already faced points deduction. Nottingham Forest and Everton were charged with points deduction which made them fight hard to avoid relegation. Fortunately both clubs avoided the relegation zone.
What exactly are Profitability and Sustainability rules
Profitability and Sustainability rules decide how much money a club can lose over a specific amount of time. The spending includes all of the things like transfers. The objective of these rules is to balance the income and expenditure. These rules are not exactly as same as UEFA’s rules but have some amount of similarities.
According to Premier League’s profitability and sustainability rules, clubs are allowed to lose £105 million over the course of three seasons or £35 million per season. Chelsea who are on the radar of Premier League have spent more than £1 billion since the arrival of Todd Boehly. The London club have failed to record a sufficient income and may have to face the consequences next season if found guilty.
Everton were charged with 10 points deduction against which the club made an appeal. The appeal turned successful and the point deduction was reduced to six. However they again were charged with two more points deduction making it a total of 8 points being deducted. Nottingham Forest were also found guilty and as a resulted were handed 4 point deduction. After deduction, Forest were in danger of being relegated from Premier League. However they were able to put on decent performances and finish on 17th place.
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