BREAKING BAD NEWS: Premier league PSR at it again as they are ready to frustrate Everton next season even with a new owner as they plan to…..

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Everton could be facing another financial blow, despite meeting the Premier League’s allowable loss threshold before the June 30 deadline. The Toffees were one of several clubs scrambling to get within the £105m three-year quota, and it appears they have done so thanks to some creative accounting.

According to BBC Sport, Everton engaged in quasi-swap deals worth £245m before the deadline, which helped to reduce their losses. The club traded Lewis Dobin for Tim Iroegbunam in two separate deals of roughly equivalent value, securing a short-term PSR boost.

However, the Premier League is considering implementing a new PSR system from 2025-26, which could limit clubs to spending 85% of turnover on wages, transfers, and agent fees. This could spell trouble for Everton, who have a history of overspending under owner Farhad Moshiri.

According to football finance expert Swiss Ramble, Everton likely spent £75m on player amortisation and £143m on wages in 2023-24. With a projected revenue of £190m for the campaign, their allowable PSR spend under the potential new system would be £161m, leaving them £28m over the limit.

The club’s new owner, Dan Friedkin, will have his work cut out for him to bring Everton’s finances in line with the threshold. Friedkin’s initial task will be to cover the loans provided by the Bell-Downing consortium, MSP Sports Capital, and Rights and Media Limited. After that, his priority will be to cut costs to ensure Everton remain compliant with PSR.

There is no quick fix for Everton’s PSR issues, unless Friedkin is open to creative accounting workarounds like those used by Chelsea. However, the club’s new stadium at Bramley Moore Dock, set to open in time for the 2025-26 season, will generate an extra £20m per season in revenue, which could help alleviate some of the financial pressure.

In other news, Arsenal are reportedly interested in signing Riccardo Calafiori from Bologna, with journalist James Benge revealing that the club were not planning to make a marquee signing this summer. Benge told Extra Time that Calafiori fits the mold of the type of player Arsenal are looking for, saying: “In terms of the Arsenal fit, he makes sense. Look, I was told just before the Calafiori news broke that what we should be thinking about is likely signings in the Jorginho, Trossard mould, the sort of players that may not be immediate foundational pieces of the first-team, but would be in the first 15 names on the team sheet and I think wherever Calafiori lands, it seems like that’s the vision for him.”

Calafiori’s versatility, able to play as a centre-back or left-back, makes him an attractive option for Arsenal, who are looking to bolster their depth ahead of a busy season. The signing would also raise questions about the future of Oleksandr Zinchenko, who has been linked with a move away from the club.

Mikel Arteta has a history of springing surprises, and it remains to be seen how he plans to use Calafiori should the signing be completed. One thing is certain, however: Arsenal’s depth will not be an issue with Calafiori on board, and Arteta will have a wealth of options to choose from in the defence.