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Alan Shearer agrees with Leicester City saviour Nick De Marco over PSR regulations
Alan Shearer has criticised the Premier League’s Profitability & Sustainability Rules – suggesting clubs should be free to operate in the transfer market as they want.
The ex-England striker turned pundit described the regulations, which limit the losses clubs can incur to £105million over a three-year period, as ‘a restriction on trade’. Other critics, including Nick De Marco KC, the barrister who defended Leicester City in their case against the league, have suggested that restrictions hold clubs back.
City are one of several clubs to have had recent brushes with the Premier League, with De Marco helping them find a loophole in the regulations to avoid a points deduction this season after they were charged with exceeding the allowable limits.
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Shearer seemed to support De Marco’s contention: “I don’t like the PSR rules anyway. I’ve told you what my feelings are about them,” the former Newcastle striker told the Rest Is Football podcast.
“I just think it’s a restriction of trade when you can guarantee you’ve got that money and are profitable and sustainable, and you can put a billion quid in to escrow and ensure that everything is right in the future, then I don’t see why you shouldn’t be allowed to challenge and buy players.
“And particularly with the way it’s run with clubs being forced to sell their youngsters because that’s more profitable and gives them a better financial gain going forward in the future. I just don’t agree with those rules. We know why it was brought in - to safeguard clubs. I just don’t agree with the rules that are there at the minute.”
Shearer’s comments come around a week after De Marco responded on social media to an article in The Times, saying: “I have never gone so far as to argue that no financial restraint rules are necessary, nor that the positive intention of the current rules is to hold certain clubs back, but that has been their effect, and despite what some have claimed the evidence does not suggest they have advanced either financial sustainability or competitive balance - the contrary could more easily be made out.”
