Premier League PSR rules forcing academy sales - Enzo Maresca

admin admin | 08-06 16:15

Chelsea manager Enzo Maresca said Premier League clubs are having to sell academy players due to the league's profit and sustainability rules (PSR).

Chelsea have sold a slew of players who came through their academy over the last couple of years, with midfielder Conor Gallagher the latest to be linked with an exit to Spanish side Atletico Madrid.

Gallagher, who has been at Chelsea since the age of eight, has a contract until 2025, after which he could leave the club for nothing.

With the sale of a player developed in the academy able to be marked as pure profit on a club's books, some Premier League sides have looked at homegrown players as a source of revenue to help them limit losses.

"But this is not Chelsea's problem, this is a (Premier League) rules problem," Maresca said ahead of their pre-season friendly with Real Madrid in North Carolina.

"These are the rules. For all the clubs at this moment it is almost compulsory they are compelled to sell players from the academy because of the rules. It’s not only us, it's all the clubs."

Chelsea will host Manchester City in their Premier League opener on 18 August.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

KSE-100 index closes at 81,459.29, up 997.95 points as investor optimism drives market

The Pakistan Stock Exchange (PSX) experienced a surge in investor optimism on Thursday, as the bench...

Gold prices in Pakistan reach new record of Rs268,500 per tola

Following a decline in the previous session, gold prices in Pakistan experienced a significant incre...

Number of clinical health staff increasing - Health NZ

Health officials have been marking the growth in the number of full-time clinical roles as evidence ...

Hazard mapping has 'chilling effect' on Nelson property market

Proposed hazard maps for Nelson are allegedly preventing properties across the city from being insur...

Woman called 'bad mum' after chasing down child stealer

A woman who stole an 18-month-old baby told the girl's mother she didn't deserve children when confr...

'Weak' case against diabetic driver thrown out by Australian court

A magistrate has criticised prosecutors as he threw out their "weak" case against a diabetic driver ...