Can the Big Six afford their squads?
Squad cost ratios for England's six biggest clubs, built from the 2024/25 accounts
What changes now that the Premier League has replaced PSR with an 85% spending cap.
Can the Big Six afford their squads?
Squad cost ratios for England's six biggest clubs, built from the 2024/25 accounts
What changes now that the Premier League has replaced PSR with an 85% spending cap.
Can the Big Six afford their squads?
Squad cost ratios for England's six biggest clubs, built from the 2024/25 accounts
What changes now that the Premier League has replaced PSR with an 85% spending cap.
Can the Big Six afford their squads?
Squad cost ratios for England's six biggest clubs, built from the 2024/25 accounts
What changes now that the Premier League has replaced PSR with an 85% spending cap.
Can the Big Six afford their squads?
Squad cost ratios for England's six biggest clubs, built from the 2024/25 accounts
What changes now that the Premier League has replaced PSR with an 85% spending cap.
Can the Big Six afford their squads?
Squad cost ratios for England's six biggest clubs, built from the 2024/25 accounts
What changes now that the Premier League has replaced PSR with an 85% spending cap.
Here's the part nobody has priced in. Chelsea are out of Europe in 2026/27, so UEFA's 70% no longer
applies to them.
That sounds like relief. It isn't.
No European football means less broadcast and matchday income — a smaller denominator —
in the exact season the Premier League's 85% goes live.
Can the Big Six afford their squads?
Squad cost ratios for England's six biggest clubs, built from the 2024/25 accounts
What changes now that the Premier League has replaced PSR with an 85% spending cap.
And this is not a single bad year.
2021/22: 104%
2022/23: 119%
2023/24: 113%
2024/25: 119%
Four consecutive seasons in which the squad cost more than the club earned. Four different head
coaches. Same structure underneath.