The Ledger
FFP & PSR Rules
FFP rules Premier League clubs now follow: Profitability and Sustainability loss limits, UEFA squad cost rules, points deductions and how breaches are punished.
Loss limits
FFP & PSR Rules
PSR Premier League: the loss rules explained
FFP rules Premier League clubs now obey are called PSR. A multi-season loss limit, a list of allowable deductions and an annual filing.
2026-09-23History
FFP & PSR Rules
FFP to PSR: how the financial rules changed
Twenty years of financial regulation in one timeline: break-even, settlement agreements, sustainability and squad cost.
2026-09-19Squad cost
FFP & PSR Rules
Squad cost rule: what UEFA measures now
One ratio covers wages, net transfer spend and agent fees. The ceiling that replaced break-even for clubs in Europe.
2026-09-15Sanctions
FFP & PSR Rules
Points deduction: how PSR breaches are punished
A breach is a filing question before it becomes a sporting one. How the punishment ladder works once an independent commission sits.
2026-09-11