Premier League Clubs Petrified of Spending

[Sammyffc]

Premier League clubs are delaying signing off on new contracts for existing players amid fears over breaching spending rules

Spending in this January window has been far lower than in previous seasons

Some clubs have agreed to back date increased wages on contracts for players

Premier League clubs are delaying signing off on new contracts for existing players amid concerns over profit and sustainability rules (PSR).

Everton, who have already been docked 10 points this season for breaching financial rules, and Nottingham Forest are both facing punishments for breaking PSR laws.

And Mail Sport has learned teams have become so fearful of going over their spending limits that they are having to restrict wage bill expenditure on this season's accounts.

As a result, teams are holding off on ratifying new deals for players until next summer when spending falls under the following year's set of accounts.

In some cases, it is understood certain clubs have already agreed new deals with players but will back date increased wages so the expenditure falls under the next set of accounts.

Spending during the January transfer window has been significantly restricted due, primarily, to PSR concerns.

Most clubs have been looking to utilise the loan market in a bid to slash spending on transfers this month.

And news that clubs are so close to breaking financial laws that they can't afford to fork out on increased salaries underlines the difficulties teams are facing.

[RAY Rock ????]

Bubble has burst and now CEO's are in the firing line. Hopefully we blood some of our academy players that have been around the first team environment for a long time. I would rather bring through some of our own than pay extortionate prices on mediocre dross

[EN1 FFC]

It will be interesting to see what effect any new PSR rules have on the price of transfers after the summer meeting of Premier Clubs. So may be clubs are weary about over spending on players in January.