Everton PSR 'deadline day' latest with transfer and punishment fears clear

A last minute scramble for transfer business is underway as Premier League clubs battle to comply with spending regulations thrust into the spotlight by the prosecution of Everton.

Several clubs are weighing up deals before the end of Sunday - with today marking the last day of the financial year most top flight clubs work to.

Failure to bring club losses below a three year, £105m threshold could lead to a points deduction next season - a threat made real by the treatment of the Blues over the past nine months.

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Everton were the first team to be sanctioned for failing to comply with Profit and Sustainability Regulations (PSR) in a landmark case held last October. The following month, an independent commission imposed a 10 point penalty on the club, an unprecedented punishment that was the highest deduction in the history of the English top flight and one that generated shock around the footballing world. It was later reduced to six points on appeal but the treatment of Everton in that milestone case - and in a follow up one for a further breach that led to a two point deduction - has had a chilling effect on the Premier League transfer market.

The first evidence of that was visible in January when a tiny fraction of the business typical for that window was conducted by Premier League outfits. The sea change created by the cases against Everton, as well as Nottingham Forest, which also suffered a deduction, has been further emphasised by a busier than normal opening to the summer transfer window. The past fortnight has seen a flurry of activity by clubs battling to strengthen their regulatory position that has continued into the final day of the accounting year.

Newcastle United, one of a handful of clubs concerned over its position in relation to PSR parameters, is at the centre of the deadline drama with the sale of Everton target Yankuba Minteh to Brighton and Hove Albion and fellow young star Elliot Anderson to Nottingham Forest both looking set for completion in last-minute deals that could help the club avoid a points deduction next year. Both moves appear designed to help the club bring in money that means it can avoid the sale of a key star such as Alexander Isak.

Everton have already been busy in the transfer market, with the sales of Lewis Dobbin and Ben Godfrey offering the club’s PSR position a boost while the likes of Chelsea and Aston Villa, two others with concerns over their PSR status heading into the summer, have also completed deals that significantly help their positions.