‘It’s crazy’: PL could be set to make rule change which would put Everton ‘well in the clear’ – finance expert
The recent rise of PSR has put Everton under a great deal of pressure.
It was a rare word in English football lore prior to this season, but it suddenly seems to be in every conversation. Therefore, Everton would be safe under those scenarios.
Then, there was a consensus that something needed to change: “I believe the Premier League is aware that something is wrong with the system.”
“UEFA has decided to replace their version of PSR, which is very similar to the Premier League, with a squad cost cap, which is essentially a wage cap. This means that for every £100 that a football club makes, it can only spend a maximum of £70 on footballers’ wages, agent fees, and net transfer costs.”
Because of the imminent threat these laws provide, Evertonians can no longer visit Goodison Park and concentrate only on the matchday.
Even said, the regulations may now be changed, even if it has already given the Toffees a severe punishment.
Why? Kieran Maguire has clarified. What Kieran Maguire stated regarding the PSR rule change in the Premier League
In an interview with Guilia Bould for BBC Radio Merseyside, the finance specialist attempted to explain PSR and the specific reasons why it is such a bad system.
Taking a look at PSR, he said, “we can see that the £105 million figure was based on the level of wages at the time, the amount of money coming into the clubs at the time, and so on.” In the event that we index link it, and your pension is index-linked if you’re a pensioner, and your taxable allowance and personal allowance are index-linked if you’re an employee, then that hasn’t happened in terms of PSR. I took out my calculator and made the necessary adjustments for Premier League earnings and revenue. With the adjustments to income and wages, that £105 million should actually be £216 million.
Leave a Reply