Revealed: PSR outcome as deadline passes - with Chelsea, Man Utd, Man City & rest of Premier League all discovering their fate

A number of clubs have fallen foul of Profit and Sustainability Rules in recent times, but the Premier League will not be bringing charges against any teams this time around. Leicester City remain at risk of facing future punishments as they are locked in a legal battle with the English top-flight.

The Foxes won a case relating to spending in the 2022-23 campaign back in September, claiming that the Premier League had no jurisdiction over them as they tumbled into the Championship. An appeal against that ruling was lodged.

That means Leicester could still fall foul of PSR regulations, but all teams in the top tier have been declared compliant – with official accounts having to be submitted prior to the December 31 deadline.

The Premier League has said in a statement: “Issues as to the jurisdiction of the Premier League over Leicester City Football Club in relation to PSR compliance are currently the subject of confidential arbitration proceedings.

“Accordingly, neither the league nor the club will make any further comment at this stage about any aspect of the club’s compliance or otherwise with any of the PSR or related rules, save to say that no complaint has been brought against Leicester by the league for any breach of the PSRs for the period ending Season 2023-24.”

Nottingham Forest and Everton were stung with points penalties last season for PSR breaches. Clubs in the Premier League are only allowed to post losses of up to £105 million ($128m) over a three-year period. It was reported that several sides were close to that limit.

Big-spending Chelsea have, however, sold hotels at Stamford Bridge and the club’s women’s team to their parent company in a bid to help balance the books. Manchester United have introduced cost-cutting measures under Sir Jim Ratcliffe and part-owners INEOS after seeing debts mount, while reigning champions Manchester City remain locked in a 115-charge Financial Fair Play battle that may yet see them hit with hefty points deductions.