West Ham’s £157M Buffer Zone. Miraculously the Premier League announced earlier this week that no top-flight club had breached PSR rules accumulating losses of more than £105m over the last three years.
Chelsea, Everton, Newcastle United, Aston Villa, Manchester United and Leicester City were all in danger of breaching rules and facing points deductions, but a flurry of legal loopholes by these clubs prevented them facing any punishment.
These loopholes included selling Academy players for inflated prices to each other to avoid sanctions while Chelsea sold two hotels and their Women’s team to their parent company to avoid trouble.
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While none of loopholes are illegal or against regulations it does make a mockery of the whole PSR situation.
West Ham announced a £57m profit last season primarily due to the sale of Declan Rice which was booked a pure £100m profit.
The previous season the Hammers lost £17m with a £12m profit the season before that leaving a three-year running total of around £52m to the end of last May.
Considering the PSR acceptable losses are £105m over three years, the Hammers have a £157m buffer zone.
