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Premier League set to decide on PSR alternative
['Konadu Apau']
The Ghana Report
A decision on whether to scrap the Premier League’s controversial profit and sustainability rules (PSR) and adopt an “alternative system” is “coming up”, says chief executive Richard Masters.
However a squad cost ratio (SCR) system of financial control was adopted by the Premier League on a shadowing, non-binding basis.
Nine of the league’s 20 clubs already have to comply with Uefa’s SCR as a result of qualifying for Europe.
That’s not to say we don’t think the PSR system works.”He added: “It’s about closer alignment with European regulation, which is squad cost ratio, which is a revenue test.
“The Premier League has been built on the back of investment in which international capital flows [are] coming in.