The Mag
·1 July 2025
Stunning PSR deadline day change compared to 12 months ago – Premier League

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Yahoo sportsThe Mag
·1 July 2025
It was Premier League PSR deadline day on Monday (30 June 2025) for all the clubs.
However, it saw a stunning change compared to 12 months earlier.
Going back to Premier League PSR deadline day of 30 June 2024, that day seeing hundreds of millions of pounds worth of player deals traded by the PL clubs.
Much of it due to PSR pressures, including reciprocal deals with other clubs that also had pressing PSR issues to deal with.
Newcastle United were one of the most active, involved in some £88m worth of deals on 30 June 2024.
PSR pressures forcing the £33m sale of Yankuba Minteh to Premier League rivals Brighton.
Then the reciprocal deal that saw Nottingham Forest pay Newcastle United £35m for Elliot Anderson, in return for United paying Forest £20m for Odysseas Vlachodimos to help Forest get inside PSR limits.
Twelve months later and the Premier League PSR deadline day of 30 June 2025 couldn’t have been more different.
Not a single PSR related deal done on Monday, indeed, not a single Premier League transfer, in or out (*There was of course a PSR deadline sale agreed, but that was Aston Villa selling their women’s team to themselves, taking inspiration from Chelsea).
An interesting report from BBC Sport has looked into how this change has came about, with football finance expert Kieran Maguire given valuable insight.
‘One weekend in late June last year, fans of a number of Premier League clubs may have found themselves frantically searching the name of their latest signing – a young prospect from another English side, bought for a surprisingly large fee.
Several inexperienced players moved between top-flight sides in separate deals – with the accusation that these were swaps, made to satisfy the demands of profit and sustainability rules (PSR) at the end of the accounting year on 30 June.
Yet this year such deals haven’t made a reappearance, with only a limited number of clubs doing transfer business prior to the end of the month and very few involving homegrown players.
So which clubs have made signings, and what was all the fuss about last year?
Why is the end of June significant?
PSR losses are limited to £105m over a three-year period.
Clubs have to submit their accounts by 30 June, the end of the Premier League’s financial year – effectively its accounting deadline.
So for clubs looking to boost their finances the end of June is vital for making sure any incomings can be added to that year’s accounts.
When a club sells a player, any profit is recorded in its entirety in that year’s accounts, with homegrown academy players generating ‘pure’ profit.
In contrast, the amount paid by the buying club is spread out – using an accounting practice called amortisation – over the length of the contract.
Why are teams behaving differently this summer?
If clubs aren’t making last-ditch transfers this June it’s because they have learned from their “previous excesses”, football finance expert Kieran Maguire told BBC Sport.
Last June, in the days leading up to the end of the month about £245m was spent on academy graduates.
Tim Iroegbunam and Lewis Dobbin were exchanged in separate deals between Everton and Aston Villa for a reported £9m each.
Another academy youngster – teenager Omari Kellyman – moved to Chelsea for a reported £19m from Villa, while the Blues’ homegrown Dutch defender Ian Maatsen joined Unai Emery’s side for £37.5m.
“Clubs are aware that the Premier League’s rules have teeth, they didn’t want to be in that position where they were scrabbling around in terms of player sales,” explained Maguire.
“First of all you might lose players you’d rather keep, and secondly the prices wouldn’t necessarily be in your own best interest.
“Clubs have learned from previous excesses, and on the back of that we’ve seen a greater degree of caution in terms of spending.
“Clubs are now waiting for 1 July, when, to an extent, things roll over because it’s a new financial year and they’ll have a different budget,” Maguire added.’