Newcastle hero slams Premier League 'cartel' rules amid PSR decision - Not fair
Source: Chronicle Live
Published 7 hours ago
Former Newcastle United star Lee Bowyer has slammed the financial rules that have restricted the club in the transfer market. Eddie Howe's side are one of several Premier League clubs who have been forced to act more cautiously due to the league’s profit and sustainability rules (PSR).
Many fans have claimed that the rules are there to protect the Premier League's so-called Big Six from being properly challenged by clubs like Newcastle and Aston Villa, likening it to a 'cartel'.
PSR is used by the Premier League to limit the extent of losses that teams can incur, setting a £105million limit in losses over a three-year period. More emphasis has been placed on PSR in recent years since both Everton and Nottingham Forest received points deductions for breaches during the 2023/24 season.
The following summer, Newcastle notably sold Elliot Anderson and Yankuba Minteh to Forest and Brighton, respectively, to help raise funds, despite having competed in the Champions League. The most recent transfer window...
Continue Reading: Newcastle hero slams Premier League 'cartel' rules amid PSR decision - Not fair
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