The Premier League’s existing profitability and sustainability (PSR) rules will be retained for next season, following discussions by its member clubs at a shareholders’ meeting last week.
It had been anticipated that Premier League clubs would adopt a new financial model for the 2025-26 season, but there will now be a delay to its implementation thought to be due to the ongoing situation with Manchester City.
The clubs did not formally vote on replacing PSR with the squad cost ratio (SCR) system of financial control on 13 February- which is currently being trialled alongside top to bottom anchoring rules (TBA) – but were instead asked for their views. West Ham Vice Chairman Karren Brady represents the club at these meetings.
According to a BBC source, almost all said they were happy with SCR, apart from one unnamed club who said they preferred PSR.
The current PSR rules allow Premier League clubs to post losses of £105m over a three-year reporting cycle.
West Ham posted a £57m profit last year after £17m loss the previous season with a £12m profit the season before that leaving a three-year running total of around £52m profit to the end of last May. Considering the PSR acceptable losses are £105m over three years, the Hammers have a £157m buffer zone so the delay potentially benefits them.