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Chances of new rules adopted before next season slim
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Perspectives differ according to clubs’ league position
The era of profitability and sustainability rules (PSR) in the Premier League will likely continue after another quarterly shareholders’ meeting ended without progress on adopting new measures of financial governance.
League executives have spent the past 18 months attempting to introduce two new ways of controlling spending in the competition with clubs reluctant to sign up, despite a number of sides falling foul of the current PSR system. There was more discussion over possible rule changes at a meeting in central London on Tuesday, but there is, as of yet, no time frame for putting them to a vote and the chances that anything will be adopted before next season are receding.
Continue reading…Chances of new rules adopted before next season slimPerspectives differ according to clubs’ league positionThe era of profitability and sustainability rules (PSR) in the Premier League will likely continue after another quarterly shareholders’ meeting ended without progress on adopting new measures of financial governance.League executives have spent the past 18 months attempting to introduce two new ways of controlling spending in the competition with clubs reluctant to sign up, despite a number of sides falling foul of the current PSR system. There was more discussion over possible rule changes at a meeting in central London on Tuesday, but there is, as of yet, no time frame for putting them to a vote and the chances that anything will be adopted before next season are receding. Continue reading…