Sports journalist Daniel Storey has spoken out in defense of the Premier League’s Profit and Sustainability Rules (PSR) despite recent points deductions for Everton and Nottingham Forest. While Forest is appealing a four-point penalty and Everton is facing a potential second deduction after a six-point sanction, Storey believes that the PSR provides necessary protection for clubs.
In a social media post, Storey argued that while the PSR may not be perfect, it helps prevent clubs from falling into financial ruin. He emphasized that allowing clubs like Everton, who owe around £580m to external creditors, to overspend would only worsen the gap between them and the elite teams. Storey believes that replacing the PSR with financial penalties would further widen this gap, as big clubs would continue to spend excessively while smaller clubs struggle to keep up.
Storey acknowledged that there is room for improvement in the PSR, such as providing a leeway year for clubs without parachute payments. However, he stressed the importance of ensuring the long-term financial stability of football clubs, especially after owners have departed.
Despite Everton’s precarious position in the league standings following their points deduction, Storey remains hopeful that a strong end to the season could secure their top-flight status. With key matches against relegation rivals on the horizon, Everton has the opportunity to secure vital points at Goodison Park.
As Everton navigates through this challenging period, concerns have been raised about manager Sean Dyche’s future at the club. Stay updated on Everton news by following them on Facebook or joining their WhatsApp Channel for instant updates.
