• About Us
  • Privacy Policy
Tuesday, September 22, 2026
Citi Sports Online
  • Home
  • News
  • Football
    • Premier League
    • Local Football
  • Ghana Premier League
  • Livescores
  • Sports Panorama
  • Videos
  • World Cup
  • AFCON
No Result
View All Result
  • Home
  • News
  • Football
    • Premier League
    • Local Football
  • Ghana Premier League
  • Livescores
  • Sports Panorama
  • Videos
  • World Cup
  • AFCON
No Result
View All Result
Citi Sports Online
No Result
View All Result

EPL on Citi: League doesn’t charge any club for 2023-24 PSR breaches

Yaw Adjei-Mintah by Yaw Adjei-Mintah
January 14, 2025
Reading Time: 2 mins read
The official Premier League badge on a flag (Photo by Joe Prior/Visionhaus via Getty Images)

The official Premier League badge on a flag (Photo by Joe Prior/Visionhaus via Getty Images)

The Premier League has not charged any clubs for breaches of its financial rules after all were deemed financially compliant for the 2023-24 season.

Most top-flight clubs had to submit their accounts for the 2023-24 season by 31 December and the Premier League is satisfied that all 20 members have remained within their profit and sustainability (PSR) rules.

Under PSR regulations, clubs cannot post losses of more than £105m over a three-year period.

Everton and Nottingham Forest were both sanctioned last season for PSR breaches, and were docked eight and four points respectively.

Leicester City avoided a points deduction after they won an appeal against a charge in September, which covered the three years up until the end of the 2022-23 season.

Evangelos Marinakis, Greek Businessman and Owner of Olympiacos, Nottingham Forest and Rio Ave (Photo by Michael Steele/Getty Images)

An independent panel found the Premier League did not have the jurisdiction to punish the Foxes as the club had been relegated to the EFL Championship when their accounting period ended on 30 June 2023.

In a joint statement on Tuesday, Leicester and the Premier League said the matter remains “the subject of confidential arbitration proceedings”.

It had been reported that the Foxes were one of a number of clubs close to breaching the Premier League’s margins for allowed losses.

Photo Courtesy: Sky Sports

Chelsea, who spent £747m in the 2022-23 season alone, sold their women’s team to the club’s parent company on June 28 2024 – two days before the end of their financial year – in order to boost their finances.

The Blues’ sale of two hotels next to Stamford Bridge to a sister company for a fee of £76.5m was cleared by the Premier League in September.

Source: BBC
Previous Post

Prize money for MTN FA Cup remains unchanged – Wilson Arthur

Next Post

Gabriel Jesus to miss remainder of season; Arsenal ‘actively looking’ in transfer market

Related Posts

Benjamin Sesko of Manchester United celebrates after scoring their first goal during the Premier League match between Everton and Manchester United (Photo by James Gill - Danehouse/Getty Images)
Premier League

“I’m fully dedicated to my recovery”- Benjamin Sesko

September 22, 2026
Lisandro Martinez of Manchester United scores an own goal and Fulham's first goal during the Premier League 2026/27 match between Fulham and Manchester United at Craven Cottage on September 20, 2026 in London, England. (Photo by Justin Setterfield/Getty Images)
Premier League

Man United’s poor form continues as Fulham hold them to 1-1 draw

September 20, 2026
Manchester City's Ghanaian midfielder #42 Antoine Semenyo (C) celebrates scoring their third goal during the English Premier League football match between Manchester City and Sunderland at the Etihad Stadium in Manchester, north west England, on September 20, 2026. (Photo by PETER POWELL / AFP via Getty Images) / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 120 images. An additional 40 images may be used in extra time. No video emulation. Social media in-match use limited to 120 images. An additional 40 images may be used in extra time. No use in betting publications, games or single club/league/player publications. /
Premier League

Semenyo brace and assist help City survive Sunderland 8-goal thriller

September 20, 2026
Alexander Isak of Liverpool celebrates scoring his team’s first goal with teammate Bradley Barcola during the Premier League 2026/27 match between AFC Bournemouth and Liverpool FC at Vitality Stadium on September 20, 2026 in Bournemouth, England. (Photo by Mike Hewitt/Getty Images)
Premier League

Liverpool beat Bournemouth 1-0 as Isak settles tight contest

September 20, 2026
Abdul Fatawu of Ipswich Town walks off the pitch after being sent off during the Premier League 2026/27 match between Everton and Ipswich Town (Photo by Molly Darlington/Getty Images)
Premier League

“Fatawu Issahaku has more to learn”- Gary O’Neil after Everton red card

September 19, 2026
Gabriel of Arsenal looks on following the team's defeat at the end of the Premier League 2026/27 match between Brighton & Hove Albion and Arsenal FC (Photo by Clive Rose/Getty Images)
Premier League

Mikel Arteta slams Arsenal’s performance after 3-0 defeat to Brighton

September 19, 2026
Cole Palmer and Morgan Rogers of Chelsea speak during the Premier League 2026/27 match between Brentford and Chelsea FC (Photo by Chris Lee - Chelsea FC/Chelsea FC via Getty Images)
Premier League

EPL: Xabi Alonso slams Chelsea’s performance after 3-0 Brentford defeat

September 19, 2026
Kotoko head coach Eric Tinkler Photo Courtesy: AKSC
Premier League

Tinkler calls for focus as Kotoko face in-form Samartex on Sunday

September 18, 2026
Load More
Next Post
Gabriel Jesus was stretchered off against Man United Photo Courtesy: Shutterstock

Gabriel Jesus to miss remainder of season; Arsenal 'actively looking' in transfer market

RSS Citi Podcasts

Citi Sports Online

© 2024 Citi Sports Online

  • Home
  • News
  • Football
  • Ghana Premier League
  • Livescores
  • Sports Panorama
  • Videos
  • World Cup
  • AFCON

No Result
View All Result
  • Home
  • News
  • Football
    • Premier League
    • Local Football
  • Ghana Premier League
  • Livescores
  • Sports Panorama
  • Videos
  • World Cup
  • AFCON

© 2024 Citi Sports Online