The Premier League has been undertaking a detailed consultation with Clubs and other stakeholders for over a year now, with a view to introducing a new set of financial rules (the New Financial System), ultimately intended to replace the current Profitability and Sustainability Rules (PSRs).
At the Premier League’s Annual General Meeting in June 2024, Clubs voted to trial the SCR and TBA on a non-binding ‘shadow’ basis for Season 2024/25 (the Shadow Year). This was to enable the League and Clubs to fully evaluate the system, including the operation of UEFA’s equivalent new financial regulations, and to continue its consultation with all relevant stakeholders. Since then, the League has continued to progress and refine the proposals, taking account the outcome of the first Shadow Year and feedback from continuing stakeholder engagement.
We previously opened consultation on the New Financial System in July 2024: Agent consultation process open on financial system.
At the February 2025 Shareholders’ Meeting, Clubs agreed to adopt a second Shadow Year of the SCR and TBA operation for Season 2025/26 (with the PSRs remaining in operation). The Premier League has also been developing the proposed Sustainability and Systemic Resilience (SSR) Rules. The Premier League is therefore again inviting agents to provide comments on the proposals. If you would like to contribute to this consultation, please fill out the form found here. We invite feedback on the proposals by 17 July 2025.
The New Financial System aims to, among others, improve clubs’ financial sustainability and investability, protect the competitive balance of the League and promote the opportunity of all clubs, facilitate a workable alignment with the regulations other relevant competitions and support clubs’ competitiveness in UEFA club competitions, while instilling confidence in the League’s regulatory system and providing certainty and clarity for Clubs, fans and stakeholders.