John Cross from the Mirror has absolutely nailed it here.
"The Premier League is effectively a collective. The 20 member clubs are shareholders. They vote through the rules, including profit and sustainability rules which have been in place for more than a decade. So, for all that time the vast majority have spent within their means and obeyed the rules. No-one has complained, they’ve all lived within the rules that they voted for. Basically, you can’t lose more than £105m over three years. Many people had their say on the original Everton case clearly without reading the written reasons. Why not take an hour to read them before going on radio and TV to talk about them? You could tell who had and who hadn’t. This time, I’ve got sympathy with Everton as it’s hard to break the cycle in the three years. In fairness, the rules may get tweaked from next season. But the current rules were in place and had been voted through. The clubs didn’t want set tariffs imposed. Each case different. I found the coverage of Newcastle’s frustrations bizarre. PSR was brought in by clubs to ensure competition and so mega wealthy owners couldn’t come in and buy up a league. Those who didn’t want sportswashing suddenly want them to be able to spend more. Er…
The Guardian calculated Forest spent £250m on 43 players since promotion. And yet they’re unhappy about when one sale - Brennan Johnson - was added to their accounts. Seriously?!
What’s the point in clubs like Wolves or Palace trying to conform if others are allowed to break the rules and potentially finish higher than them? Wolves must have been close. So, guess what? They got their house in order, lost a manager over it and didn’t get charged. PSR is a good thing, in my opinion. It means the Prem remains competitive. Why politicians get involved is beyond me. If the club is in their constituency and affects their community then fair enough. But aren’t they busy enough? What next? Rishi Sunak complaining about VAR? PSR is like a tax return. You have to get your figures in by a certain date. It’s relatively simple. It’s totally different to Man City’s case which is way more complex. That’s why it’s taking longer. In all of this, it’s the fans who suffer and have my sympathy. The uncertainty is ridiculous and unfair. But surely it’s the clubs to blame. Not the Premier League. Rant over…