completely different topic, but it's insane that PL clubs are allowed to sell their own women's teams to their parent companies to boost their PSR numbers. Chelsea and Aston Villa already did so, now Everton follow suit.
Quote:
Everton have sold their women's team to the parent company which owns the club - a move that will improve their compliance with the Premier League's profitability and sustainability rules (PSR).
The team has been purchased by Roundhouse Capital Holdings, which is owned and controlled by American businessman Dan Friedkin. The Friedkin Group completed its takeover of Everton in December 2024.
The move allows the women's team to act as a standalone entity and attract minority investment. The men's team, meanwhile, benefits from the sale being recorded as revenue in the club's accounts, which positively impacts their PSR position.
Everton are the third Premier League club to sell their women's team to navigate the Premier League's financial rules.
Chelsea sold their women's team to parent company BlueCo for nearly £200m in June 2024. Subsequently, the team attracted the attention of Reddit founder Alexis Ohanian, who purchased an 8-10% minority stake in May. Aston Villa sold its women's team to holding company V Sports in June.
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https://www.bbc.com/sport/football/a...s/cjey097w872o