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PSR is not perfect, but the Premier League’s shock therapy has had an effect

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PSR is not perfect, but the Premier League’s shock therapy has had an effect

An air of desperation hung over a handful of Premier League clubs last summer. Accounting years were drawing to a close across the top division of English football and the pressure was on to book profits before it was too late. Player sales were a must if a profitability and sustainability rules (PSR) breach was to be avoided before June 30.

Newcastle United’s business back then was a microcosm of the chaos. They reluctantly agreed to sell Yankuba Minteh, their then teenage winger, to Brighton & Hove Albion for £30million before sanctioning the exit of Elliot Anderson, the homegrown forward, to Nottingham Forest for £35m.

“We had no other option,” their head coach Eddie Howe told reporters in October about those two departures. “We couldn’t breach PSR, couldn’t face a points deduction, and the only two deals we had on the table at that time were the two deals we did.”

Newcastle, who had spent £320million in the first two and a half years under their Saudi Arabian owners, did not want to sell either Minteh or Anderson. Nor, you suspect, did they want to pay Forest £20m for Odysseas Vlachodimos, a third-choice goalkeeper yet to feature for them in the Premier League under Howe. Anderson’s sale, though, was reliant on Forest, who had breached PSR last season and were close to the line again, getting something in return, so Newcastle had nowhere to turn.


Newcastle did not want to lose Minteh to Brighton (Mike Hewitt/Getty Images)

Others were at it, too, with Aston Villa, Everton, Chelsea and Leicester City all concocting their own mutually beneficial deals to chase compliance. Close to £200million, most of it “pure profit”, was collectively banked by those six clubs in June’s final weeks and Tuesday brought confirmation that the trading had been worth it.

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A 14-day assessment period of 2023-24 accounts and PSR calculations had not raised red flags within the Premier League and, unlike last January, when Everton and Forest were both charged, there was no cause for disciplinary action to be triggered.

Leicester’s case remains more complex than others, with the Premier League still believing they are on the hook for at least one charge amid the legal challenges back and forth, but 2024, the year of the asterisk, has left its mark.

The three PSR charges heard last season — two for Everton and one for Forest — resulted in a combined 12 points being deducted, the kind of shock therapy that was difficult to ignore.

It may never be known just how close Newcastle and others came to going beyond their spending threshold last season. Clubs’ 2023-24 accounts, which are due to be filed by the end of March, will give us clues, but the absence of transparency in the PSR process makes it difficult to offer fully informed analysis.

Clubs instead have to be judged by their actions and those madcap days of late June revealed anxieties ultimately born out of the penalties handed to Everton and Forest a few months earlier. That jolted the whole of the Premier League, heightening motivation to find quick profits in the transfer market once the season had concluded.

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Howe admitted as much — Newcastle had no wish to sell Minteh or Anderson. Certainly not both. But, as Howe, the front-facing figure in that organisation, accepts, there was “no other option” but to accept £65million in transfer fees for the duo if a PSR breach was to be avoided.

Were Chelsea as close to the edge? That is unclear but their compliance owed as much to the sale of two hotels which are part of the wider site at their Stamford Bridge stadium to other companies owned by BlueCo, Chelsea’s parent company, as it did the late sale of defender Ian Maatsen to Villa for £37.5million. Others did not have the luxury of property deals enhancing the numbers.


Maatsen’s transfer to Villa helped Chelsea comply with PSR, but not as much as the sale of two hotels (Matt McNulty/Getty Images)

PSR continues to have its vocal opponents, such as Villa co-owner Nassef Sawiris, who told the Financial Times in June that the regulations were inhibitive and “not good for football”, but last season served the warning that overspending would still carry a sporting cost. Everton and Forest became the bad boys nobody wanted to emulate.

That was obvious with the sudden business done in June, and the wariness has been extended into this season.

Manchester United, traditionally one of English football’s strongest financial forces, have made it clear they have little scope to strengthen new head coach Ruben Amorim’s hand after their heavy losses of recent times. Newcastle also remain bound by financial constraints, with only about £60million spent this season. Villa’s net spend for the season, meanwhile, stood at about £26million going into the current winter transfer window.

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Those three clubs could have spent more but learnt last season that punishments would then be unavoidable down the road.

It would not be fitting to congratulate the Premier League on strong governance when 115 charges of financial wrongdoing still hang over four-in-a-row title winners Manchester City and Leicester’s case remains unresolved, but last season served notice that rules had to be adhered to. Points deductions would be in the post to any club not complying.

“The Premier League submits that the only proper sanction is a sporting sanction in the form of a deduction of points,” it argued in Everton’s first PSR hearing, which brought an initial 10-point penalty, later cut to six on appeal. That exact sentence was repeated when Forest faced an independent commission.

PSR has its inconsistencies and imperfections, and might well lead to more scrambled, incoherent transfer business before financial years are out at the end of every June.

But the past 12 months — and no fresh charges this week — have made it clear to clubs that it is a sanction to be taken seriously.

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(Top photos: Getty Images)

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ESPN’s Stephen A Smith hears boos from WrestleMania 42 crowd

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ESPN’s Stephen A Smith hears boos from WrestleMania 42 crowd

NEWYou can now listen to Fox News articles!

Danhausen’s curse may be real after all – just ask Stephen A. Smith and the New York Mets.

While the latter dropped their 10th game in a row, Smith got his share of the curse on Saturday night during Night 1 of WrestleMania 42. Smith was in attendance for WWE’s premier event of the year and heard massive boos from the crowd.

Stephen A. Smith attends WrestleMania 42: Night 1 at Allegiant Stadium in Las Vegas, Nevada, on April 18, 2026. (Andrew Timms/WWE)

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Smith was sitting ringside to watch the action. The ESPN star appeared on the videoboard above the ring at Allegiant Stadium in Las Vegas. He appeared to embrace the reaction and smiled through it.

The boos came after Danhausen appeared on “First Take” on Friday – much to the chagrin of the sports pundit. Smith appeared perplexed by Danhausen’s appearance. Smith said he heard about Danhausen and called him a “bad luck charm.”

Danhausen said Smith had been “rude” to him and put the dreaded “curse” on the commentator.

WWE STAR DANHAUSEN SAYS METS ‘CURSE’ ISN’T EXACTLY LIFTED AS TEAM DROPS NINTH STRAIGHT GAME

Stephen A. Smith attends WrestleMania 42: Night 1 at Allegiant Stadium in Las Vegas, Nevada, on April 18, 2026. (Andrew Timms/WWE)

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Smith is far from the only one dealing with the effects of the “curse.”

Danhausen agreed to “un-curse” the Mets during their losing streak. However, he told Fox News Digital earlier this week that there was a reason why the curse’s removal didn’t take full effect.

“I did un-curse the Mets. But it didn’t work because, I believe it was Brian Gewirtz who did not pay Danhausen. He did not send me my money so it did not take full effect,” Danhausen said. “Once I have the money, perhaps it will actually work because right now it’s probably about a half of an un-cursing. It’s like a layaway situation.”

Danhausen enters the arena before his match against Kit Wilson during SmackDown at SAP Center in San Jose, Calif., on April 10, 2026. (Eakin Howard/Getty Images)

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On “Friday Night SmackDown,” WWE stars like The Miz and Kit Wilson were also targets of Danhausen’s curse.

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After 55 years as a broadcaster in L.A., Randy Rosenbloom is leaving town

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After 55 years as a broadcaster in L.A., Randy Rosenbloom is leaving town

It’s time to reveal memories, laughs and crazy times from Randy Rosenbloom’s 55 years as a TV/radio broadcaster in Los Angeles. He’s hopping in a car next Sunday with his wife, saying goodbye to a North Hollywood house that’s been in his family since 1952 and driving 3,300 miles to his new home in Greenville, S.C.

“When I walk out, I’ll probably break down,” he said.

He graduated from North Hollywood High in 1969. He got his first paid job in 1971 calling Hart basketball games for NBC Cable Newhall for $10 a game. It began an adventure of a lifetime.

“I never knew if I overachieved or underachieved. I just did what I loved,” he said.

Randy Rosenbloom (left) used to work with former UCLA coach John Wooden for TV games.

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(Randy Rosenbloom)

John Wooden, Jerry Tarkanian and Jim Harrick were among his expert commentators when he did play by play for college basketball games. He called volleyball at the 1992 and 1996 Olympic Games for NBC and rowing in 2004. He’s worked more than 100 championship high school events. He did play by play for the first and only Reebok Bowl at Angel Stadium in 1994 won by Bishop Amat over Sylmar, 35-14.

“There were about 5,000, 6,000 people there and I remember thinking nobody watched the game. We ended up with a 5.7 TV rating on Channel 13 in Los Angeles, which is higher than most Lakers games.”

He conducted interviews with NFL Hall of Famers Gale Sayers and Johnny Unitas and boxing greats Robert Duran, Thomas Hearn and Sugar Ray Leonard. He’s worked with baseball greats Steve Garvey and Doug DeCinces. He called games with former USC coach Rod Dedeaux. He was in the radio booth for Bret Saberhagen’s 1982 no-hitter in the City Section championship game at Dodger Stadium. He was a nightly sportscaster for KADY in Ventura.

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Randy Rosenbloom, left, with his volleyball broadcast partners, Kirk Kilgour and Bill Walton.

Randy Rosenbloom, left, with his volleyball broadcast partners, Kirk Kilgour and Bill Walton.

(Randy Rosenbloom)

He was the voice of Fresno State football and basketball. He also did Nevada Las Vegas football and basketball games. He called bowl games and Little League games. He was a public address announcer for basketball at the 1984 Olympic Games with Michael Jordan the star and did the P.A. for Toluca Little League.

Nothing was too small or too big for him.

“I loved everything,” he said.

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He called at least 10 East L.A. Classic football games between Garfield and Roosevelt. He was there when Narbonne and San Pedro tied 21-21 in the 2008 City championship game at the Coliseum on a San Pedro touchdown with one second left.

Probably his most notable tale came when he was doing radio play-by-play at a 1998 college bowl game in Montgomery, Ala.

“I look down and a giant tarantula is crawling up my pants,” he said. “My color man took all the press notes, wadded them up and hit the tarantula like swinging a bat.”

Did Rosenbloom tell the audience what was happening?

“I stayed calm,” he said.

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Then there was the time he was in the press box at Sam Boyd Stadium and a bat flew in and attached itself to the wooden press box right next to him before flying away after he said, “UNLV wins.”

Recently, he’s been putting together high school TV packages for LA36 and calling travel ball basketball games. He’ll still keep doing a radio gambling show from his new home, but he’s cutting ties to Los Angeles to move closer to grandchildren.

“I’m retiring from Los Angeles. I’m leaving the market,” he said.

Hopefully he’ll continue via Zoom to do a weekly podcast with me for The Times.

He’s a true professional who’s versatility and work ethic made him a reliable hire from the age of 18 through his current age of 74.

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He’s a member of the City Section Hall of Fame and the Southern California Jewish Sports Hall of Fame. He once threw the shot put 51 feet, 7 1/2 inches, which is his claim to fame at North Hollywood High.

One time an ESPN graphic before a show spelled his name “Rosenbloom” then changed it to “Rosenblum” for postgame. It was worth a good laugh.

He always adjusts, improvises and ad-libs. He expects to enjoy his time in South Carolina, but he better watch out for tarantulas. They seem to like him.

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Becky Lynch enters exclusive WWE club with Women’s Intercontinental Championship win at WrestleMania 42

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Becky Lynch enters exclusive WWE club with Women’s Intercontinental Championship win at WrestleMania 42

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Becky Lynch entered an atmosphere no other WWE women’s superstar has ever reached as she won the Women’s Intercontinental Championship over AJ Lee on Saturday night at WrestleMania 42.

Lynch became the first person to hold the Women’s Intercontinental Championship three times after she pinned Lee. She first won the title against Lyra Valkyria in June 2025 and then again against Maxxine Dupri in November.

Becky Lynch celebrates with the belt after defeating AJ Lee during their women’s Intercontinental Championship match at WrestleMania 42 in Las Vegas, Nev., on April 18, 2026. (Ethan Miller/Getty Images)

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She dropped the belt to Lee at the Elimination Chamber, sparking a monthslong feud with her.

Lee gave Lynch the chance at the title in the weeks prior to WrestleMania 42. But it appeared Lee played right into Lynch’s plans. Despite arguing with referee Jessica Carr for most of the match, Lynch was able to tactfully tear down a rope buckle and use it to her advantage.

Lynch hit Lee with a Manhandle Slam and pinned her for the win.

WWE STARS REVEAL WHAT MAKES WRESTLEMANIA SO SPECIAL: ‘IT’S THE SUPER BOWL OF PRO WRESTLING’

AJ Lee reacts after losing to Becky Lynch in their Women’s Intercontinental Championship match at WrestleMania 42 at Allegiant Stadium in Las Vegas on April 18, 2026. (Ethan Miller/Getty Images)

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It’s the second straight year Lynch will leave Las Vegas as champion. She returned to WWE at WrestleMania 41, teaming with Valkyria, to win the women’s tag titles. She will now leave Allegiant Stadium as the women’s intercontinental champion.

Lynch is now a seven-time women’s champion, three-time women’s intercontinental champion and two-time tag team champion.

Becky Lynch withstands AJ Lee during their Women’s Intercontinental Championship match on night one of WrestleMania 42 at Allegiant Stadium in Las Vegas, Nev., on April 18, 2026. (Ethan Miller/Getty Images)

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Lee’s reign as champion ended really before it could really begin. WrestleMania 42 was her first appearance at the event in 11 years. It’s unclear where Lee will go from here.

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