PSR

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,…