Premier League clubs secure exemption from Profit and Sustainability penalties for the 2021-2024 season.

The Premier League has confirmed that no English top-flight clubs have been charged with breaches of the Profitability and Sustainability Rules (PSR) for the period 2021-2024. This follows the submission of financial accounts for the year ending June 2024 to December 31, 2024, which is a requirement for clubs that reported losses in the first two years of the cycle. The PSR rules aim to ensure financial sustainability and restrict clubs from losing more than £105 million over a rolling three-year period. However, some clubs, including Leicester City, have been under scrutiny due to their financial performances. Leicester City’s case remains ongoing, with a legal dispute over jurisdiction still unresolved, and it remains unclear whether they will be charged with any breaches. Notably, no league charges were raised against any club despite speculation about potential breaches. This development is significant, as it marks the first time no charges have been filed since the PSR rules were introduced. With the PSR framework set to be replaced by a new financial regulatory system in the 2024-2025 season, these developments aim to ensure greater financial stability and sustainability across the league.