Richard Masters hints at potential Premier League rule change after new Everton charge

Premier League chief executive Richard Masters says that the Premier League and its member clubs will discuss changing the current Profit and Sustainability Regulations, just a day after both Everton were landed with a second breach of PSR in the space of a year.

On Monday, Everton, along with Nottingham Forest, were referred to an independent commission for alleged breaches of PSR for the most recent three-year reporting period, a charge that arrived just two months after the Toffees were landed with a 10-point deduction for a breach for the previous three-year cycle.

Everton are appealing the 10-point deduction on the basis of its severity, with the club to argue that stadium interest costs should have been an allowable deduction under PSR rules for the current period, something that they believe would have made them compliant given their limited transfer spend and selling of key assets like Anthony Gordon.

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Masters, speaking at a select committee hearing in Westminster in relation to the Premier League’s ‘new deal for football’ designed to create a fairer distribution of wealth between the Premier League and the EFL.

The Premier League will host one of its twice yearly meetings, held in February and June, where the main order of business for next month’s meeting will be discussions over replacing PSR and moving to the Squad Cost Ratio model that has been introduced by UEFA over the last year, where wages to turnover is a key factor.

Speaking to the Culture, Media and Sport Committee, Masters said: “On the first day we will be talking about financial regulation. The current