* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Sports

Premier League clubs spend £185m by PSR ‘deadline’

July 1, 2024
in Sports
Premier League clubs spend £185m by PSR ‘deadline’
Share on FacebookShare on Twitter

A split picture of Samuel Iling-Junior and Omari HutchinsonImage source, Getty Images

Image caption,

Samuel Iling-Junior (left) and Omari Hutchinson are two players to have moved this summer

Premier League clubs have already spent more in four days this summer – a total of £245m – than the entirety of the January transfer window.

Top-flight teams had been scrambling towards what was described as the ‘unofficial transfer deadline day’ on Sunday.

And more deals are being announced on Monday as the new accounting period begins at the start of July.

To avoid charges and possible points deductions clubs must be compliant with profit and sustainability rules (PSR) – and 30 June was a key date.

The summer transfer window does not officially close until Friday, 30 August but, as Nottingham Forest discovered to their cost last season, some Premier League clubs needed to get business done earlier.

Who has been most active?

Aston Villa, Everton, Chelsea and Newcastle have been the busiest since the window opened on 14 June.

Villa recorded a loss of £119m in their last accounts, dated 31 May 2023, so needed to move quickly to avoid any breach.

Everton were docked eight points last season for two separate breaches, while Chelsea have spent about £1bn since the Todd Boehly-led consortium’s takeover in 2023.

The majority of those Chelsea signings were recruited on at least six-year deals to spread payments across a long period, limiting the losses per year to help meet PSR requirements.

Newcastle, meanwhile, were reported, external still to have a £50m deficit by Saturday morning – so needed to get deals done urgently to avoid any potential points sanctions.

What deals have been done?

Villa and Everton have done business with each other, Lewis Dobbin moving to Villa Park and Tim Iroegbunam joining the Toffees, each for reported fees of about £9m.

Villa have also sold Omari Kellyman to Chelsea for £19m two years after signing him from Derby for £600,000. The midfielder made six appearances for Villa.

Meanwhile, Chelsea defender Ian Maatsen, who spent the second half of last season on loan at Borussia Dortmund, has moved to Villa for £35m.

Douglas Luiz’s players-plus-cash transfer from Villa to Juventus went through on Sunday for £42.35m.

On Monday English winger Samuel Iling-Junior, 20, and Argentine midfielder Enzo Barrenechea, 23, moved in the opposite direction for about £18.5m, with midfielder Ross Barkley also joining Villa from Luton for a reported £5m.

Leicester – who are already facing one charge for an alleged PSR breach – were put under a transfer embargo by the English Football League (EFL) in March but that ended once they became a Premier League club, following the top flight’s annual general meeting (AGM) this month.

Chelsea have agreed a £30m deal for Kiernan Dewsbury-Hall, with the midfielder representing Leicester’s best sellable asset, given he came through the club’s academy and will generate pure profit.

The Blues sold 20-year-old forward Omari Hutchinson to newly promoted Ipswich Town for £20m late last month and confirmed the signing of teenage forward Marc Guiu from Barcelona for £5m on Monday.

Newcastle were busy too, selling winger Yankuba Minteh to Brighton for £30m and midfielder Elliot Anderson to Nottingham Forest for a reported £35m, while signing defender Lewis Hall from Chelsea for £28m.

Also on Monday, newly promoted Southampton announced the £20m signing of English defender Taylor Harwood-Bellis from Manchester City and the free transfer of full-back Charlie Taylor from Burnley.

Brentford completed a club-record £30m signing of striker Igor Thiago from Club Bruges.

Why was 30 June so important?

Sunday marked the end of the financial year in the Premier League, meaning clubs needed to ensure they are compliant with PSR as they submitted their accounts.

Clubs cannot lose more than £105m over a three-year period – and even less if they have spent some of that period in the Championship.

Deals cannot be processed on 30 June itself, as it is not a working day, so some transfers were not confirmed and registered until Monday.

Several clubs are believed to have needed to sell, and last weekend about £75m in deals were agreed, which highlighted the necessity to trade as £100m was spent across the Premier League in the whole of January 2024.

Selling academy players generates 100% profit for clubs to put into their accounts, while the amount paid by the buying club is spread out – using an accounting practice called amortisation – over the length of the contract.

So if two clubs agree to sell players to each other, especially academy players, it provides a significant financial boost.

Why are some deals under spotlight?

The Premier League has written to every club after “a significant number requested clarification” following the recent swap deals.

Some clubs are concerned that rivals could be looking to sell each other players in order to exploit any loopholes in PSR and therefore limit their losses.

There is no suggestion clubs have broken the rules, but they have been told by the league’s director of governance that part of a transfer fee would have to be returned by the selling club if it decides a fee had been “inflated”.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BBC Sport – https://www.bbc.com/sport/football/articles/cx724w5v641o

Tags: Leaguepremiersport
Previous Post

‘Nice to give a bit back’

Next Post

Uefa investigate Jude Bellingham over gesture

Some birds are left behind in a race to beat the heat – Nature

Some birds are left behind in a race to beat the heat – Nature

June 1, 2025
A passing star could fling Earth out of orbit – Science News

A passing star could fling Earth out of orbit – Science News

June 1, 2025
John Hancock Multimanager Lifestyle Moderate Portfolio Q1 2025 Commentary (JALMX) – Seeking Alpha

Unlocking Potential: Insights from the John Hancock Multimanager Lifestyle Moderate Portfolio Q1 2025

June 1, 2025
Editorial: The world promised by AI isn’t necessarily a better one – Pittsburgh Post-Gazette

Editorial: The world promised by AI isn’t necessarily a better one – Pittsburgh Post-Gazette

June 1, 2025
Little Rock economy growing faster than other similarly-sized cities, study shows – thv11.com

Little Rock’s Economy Outpaces Peers: A Promising Growth Story!

June 1, 2025

Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

June 1, 2025
Why Gen Z Will Demand Crypto-Enabled Health Systems – Forbes

How Gen Z is Shaping the Future of Crypto-Enabled Health Systems

June 1, 2025
State Sen. Skoufis declares war on en­ter­tainment ticketing practices in closing days of session – Spectrum News

State Senator Skoufis Takes a Stand Against Unfair Ticketing Practices in Final Session Push!

June 1, 2025
Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

June 1, 2025
With college sports in limbo and key issues coming to a head, the spotlight is on the SEC: ‘It’s going to get heated’ – Yahoo Sports

SEC Showdown: Tensions Rise as College Sports Face Uncertain Future

June 1, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (656)
  • Economy (671)
  • Entertainment (21,577)
  • General (15,254)
  • Health (9,713)
  • Lifestyle (673)
  • News (22,149)
  • People (672)
  • Politics (679)
  • Science (15,891)
  • Sports (21,175)
  • Technology (15,658)
  • World (659)

Recent News

Some birds are left behind in a race to beat the heat – Nature

Some birds are left behind in a race to beat the heat – Nature

June 1, 2025
A passing star could fling Earth out of orbit – Science News

A passing star could fling Earth out of orbit – Science News

June 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version