The Premier League has declared its members are currently compliant with Profit and Sustainability rules.
There had been fears clubs would be hit with points deductions as Everton and Nottingham Forest were last year, but the league are satisfied following analysis of the latest accounting period (2023-24).
There remains an outstanding issue with Leicester City, however.
The three-year period assessed saw the Foxes suffer relegation to the Championship before bouncing back to the top flight at the first attempt. Leicester made a pre-tax loss of £89.7million in the accounting period 2022-23 – a figure that could have brought about a sanction – but successfully argued they should not face a punishment given they were no longer a Premier League club.
The matter is still the subject of arbitration proceedings.
A Premier League statement this morning read: “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.”
