Crystal Palace’s attempt to implement PSR changes last week fell through as their proposal only benefited “two or three clubs.”
Finance expert Stefan Borson shared his views with Football Insider, stating that Crystal Palace’s proposal to change the Profit and Sustainability Rules (PSR) “fell flat” because it required 14 votes to be implemented and only benefited a few clubs.
Palace’s proposal aimed to increase the allowable loss limit for clubs competing in Europe from the 2024-25 season onwards. However, it did not receive enough support when top-flight clubs voted on it last week.
Instead, the Premier League will trial a new squad cost control system next season, capping spending on transfer fees, wages, and agent fees to 85 percent of a club’s income.
Borson explained that Palace’s plan was only attractive to two or three clubs, which is why it didn’t receive league-wide support. He stated,
“The issue with Crystal Palace’s proposal was that it didn’t affect that many clubs – it only had a positive impact for two or three clubs. So when you need to get 14 votes of support it’s actually quite difficult.
Anything that clubs try to introduce that does not have a wide application is going to be rejected. It’s just the nature of the beast. There’s such a small group of clubs that would benefit from the Crystal Palace suggestion that clearly it just fell a bit flat when they proposed it.”