Brighton owner Tony Bloom has recently spoken out about the continued issues surrounding clubs breaking spending rules in order to avoid points deductions. Last season, Everton and Nottingham Forest were both penalized for breaching profit and sustainability regulations, with Everton receiving an eight-point deduction and Forest receiving a four-point deduction.
The end of June was described as the ‘unofficial transfer deadline day’ as clubs scrambled to finalize deals and balance their accounts before the start of a new accounting period. A staggering total of £245m was spent during this period, raising concerns about compliance with spending rules.
Promoted Leicester is already facing potential sanctions for exceeding loss limits over a three-year period leading up to the 2022-23 campaign. Despite these issues plaguing other clubs, Brighton remains in a comfortable position after posting a record £122.8m profit last season.
Bloom acknowledges the uncomfortable position the Premier League finds itself in when enforcing these rules, but emphasizes the importance of clubs adhering to regulations to avoid the need for points deductions midseason. The current profit and sustainability rules will remain in place for the upcoming season, with the possibility of an alternative cost control system being introduced in 2025-26.
With additional challenges such as Manchester City’s legal battle over associated party transactions and talks being stalled over funding with the EFL, the Premier League faces uncertain times. However, Bloom remains optimistic that these issues will be resolved in the next one or two years.
In closing, Bloom reassures Brighton fans that the club remains focused on their goals and will not let external issues distract them. The club is prepared to navigate the evolving landscape of football governance and continue their success on and off the pitch.
