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PSR

I know this might come across as a bit of a whiny article about other clubs being smart (and us not so much), but it isn't really that...just curious.

Liverpool have just managed to sell their academy product Jarrell Quansah for €40m, coincidentally to the same team they just bought a player off for £100m

Off the top of my head - last year, Elliot Anderson was sold by Newcastle to Forest for £35m, who then received £20m from Newcastle for Odysseas Vlachodimos. If you haven't heard of him, he's Newcastle's current third choice keeper who made *checks notes* 1 (one) appearance last year in the EFL cup.

Elsewhere, Chelsea bought Joao Felix for £42m from Atletico. A player they seemingly had no intention of buying after his loan spell the year before, but they changed their mind after Atletico were wiling to put up a good sum of money for Conor Gallagher.

Anyway, this isn't a dig at any of these clubs who may or may not be taking advantage of the system. I'd quite like it if we had the opportunity to do the same. But can someone more knowledgeable than me explain whether there are actually any tangible benefits to have come out of PSR? The whole thing seems like a bit of a sham if I'm honest. The worst thing about being how it massively incentivises teams to offload their academy players which to me (and I know this is probably 'big club privilege' speaking) just seems to be the antithesis of what the game's about.

comment by Pun (U21588)

posted on 20/6/25

comment by Michael Edwards FC 2.0 loading…I am your Premier League Champion (U2720)
posted 1 hour, 42 minutes ago
The very simple answer to the question raised by the OP is really...nobody wants Utd's players.

You guys also owe clubs roughly about £300m in transfer instalments. Nobody wants to do business with people who can't make their payments.
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Strike one

posted on 20/6/25

comment by Tyranny of the majority (SE85) (U21241)
posted 1 hour, 5 minutes ago
comment by Michael Edwards FC 2.0 loading…I am your Premier League Champion (U2720)
posted 53 minutes ago
The very simple answer to the question raised by the OP is really...nobody wants Utd's players.

You guys also owe clubs roughly about £300m in transfer instalments. Nobody wants to do business with people who can't make their payments.
----------------------------------------------------------------------

Most big clubs owe similar amounts. It's how transfers work genius.

Do you think you bin dippers are paying for your new signings in cash upfront?
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Our outstanding balance for transfer fees to other clubs was £70m before this transfer window...it's why we can splash the cash the way we are this window. No PSR worries for us

posted on 20/6/25

comment by Pun (U21588)
posted 17 minutes ago
comment by Michael Edwards FC 2.0 loading…I am your Premier League Champion (U2720)
posted 1 hour, 42 minutes ago
The very simple answer to the question raised by the OP is really...nobody wants Utd's players.

You guys also owe clubs roughly about £300m in transfer instalments. Nobody wants to do business with people who can't make their payments.
----------------------------------------------------------------------
Strike one
----------------------------------------------------------------------
Manc narrative smash 💥 😂😂

posted on 20/6/25

comment by Michael Edwards FC 2.0 loading…I am your Premier League Champion (U2720)
posted 55 minutes ago
comment by Tyranny of the majority (SE85) (U21241)
posted 1 hour, 5 minutes ago
comment by Michael Edwards FC 2.0 loading…I am your Premier League Champion (U2720)
posted 53 minutes ago
The very simple answer to the question raised by the OP is really...nobody wants Utd's players.

You guys also owe clubs roughly about £300m in transfer instalments. Nobody wants to do business with people who can't make their payments.
----------------------------------------------------------------------

Most big clubs owe similar amounts. It's how transfers work genius.

Do you think you bin dippers are paying for your new signings in cash upfront?
----------------------------------------------------------------------
Our outstanding balance for transfer fees to other clubs was £70m before this transfer window...it's why we can splash the cash the way we are this window. No PSR worries for us
----------------------------------------------------------------------

That's because you hadn't spent much for a while. Not because you always pay off your transfer fees quickly.

Your book costs for the next few years are going to be very high. Completely normal though.

posted on 20/6/25

comment by Devonshirespur (U6316)
posted 6 hours, 15 minutes ago
It is a loop hole that the smart are exploiting and its distorting the market.

Inflating the value of both deals benefits both clubs

SO in the case of Wirtz for example at £100 over 5 years = £20m annual cost for PSR purposes.

£35m coming back helps to wipe out the best part of 2 years costs for that player (£5m short)

If a deal was done more like £85m for Wirtz and £25m for Quansah then the annual cost of Wirtz goes down a bit to £17m but money IN is less and the net difference is larger (£9m).

For the other club their annual cost of the defender may have gone up from £5m to £7m but they are receiving £15m more for Wirz, so their net position is also positive.

SO for the German club it actually increases how much they receive, net, but for LFC it improves their PSR position even though they're paying more for Wirtz.

Win win !
----------------------------------------------------------------------
How does the conspiracy fit into the fact that Leverkusen were demanding €150m for Wirtz and ended up having to settle for less and the fact that many seem to be suggesting they’re overpaying for Quansah? So taking less than their valuation for one player and apparently buying another for over their valuation?

Surely for the conspiracy to work, both clubs have to be colluding and therefore Liverpool overpay above Leverkusen’s value and then Leverkusen return the favour by over paying for Quansah?

posted on 20/6/25

comment by 130 reasons why ours is better (U22832)
posted 2 hours, 51 minutes ago
comment by Tyranny of the majority (SE85) (U21241)
posted 36 minutes ago
comment by Michael Edwards FC 2.0 loading…I am your Premier League Champion (U2720)
posted 53 minutes ago
The very simple answer to the question raised by the OP is really...nobody wants Utd's players.

You guys also owe clubs roughly about £300m in transfer instalments. Nobody wants to do business with people who can't make their payments.
----------------------------------------------------------------------

Most big clubs owe similar amounts. It's how transfers work genius.

Do you think you bin dippers are paying for your new signings in cash upfront?
----------------------------------------------------------------------
They paid 85mil up front for Nunez.
----------------------------------------------------------------------
They didn’t. £63.7m was upfront and the addons would take it to £85m, if all achieved which by all accounts hasn’t happened.

posted on 20/6/25

comment by TheresOnlyOne7-0Reds (U1721)
posted 1 hour, 44 minutes ago
comment by Devonshirespur (U6316)
posted 6 hours, 15 minutes ago
It is a loop hole that the smart are exploiting and its distorting the market.

Inflating the value of both deals benefits both clubs

SO in the case of Wirtz for example at £100 over 5 years = £20m annual cost for PSR purposes.

£35m coming back helps to wipe out the best part of 2 years costs for that player (£5m short)

If a deal was done more like £85m for Wirtz and £25m for Quansah then the annual cost of Wirtz goes down a bit to £17m but money IN is less and the net difference is larger (£9m).

For the other club their annual cost of the defender may have gone up from £5m to £7m but they are receiving £15m more for Wirz, so their net position is also positive.

SO for the German club it actually increases how much they receive, net, but for LFC it improves their PSR position even though they're paying more for Wirtz.

Win win !
----------------------------------------------------------------------
How does the conspiracy fit into the fact that Leverkusen were demanding €150m for Wirtz and ended up having to settle for less and the fact that many seem to be suggesting they’re overpaying for Quansah? So taking less than their valuation for one player and apparently buying another for over their valuation?

Surely for the conspiracy to work, both clubs have to be colluding and therefore Liverpool overpay above Leverkusen’s value and then Leverkusen return the favour by over paying for Quansah?
----------------------------------------------------------------------

Exactly, it has to be an agreement between the parties acting together with the same purpose. Its not like they are cheating if thats what happened, its a loop hole that can benefit both sides that, while the headline rates are bigger, the actual cost isnt.

Liverpool are good at getting good values for players, so this is not a certainty just because Quansah isnt seen as being worth 40m in most peoples opinion.

If you take the opposite example, that Wirtz cost £35m less and Quansah goes over for free then the PSR benefit for each team is lessened, in a deal which see the same amount of money, net, changing hands.

posted on 20/6/25

comment by Redastomatoes- Feels very Moyesian...cleverson forever!If he is good enough he is ready! (U12026)
posted 19 hours, 58 minutes ago
I know there's something going on, I just do not understand what it is exactly... AND WHY WE AREN'T DOING IT ALREADY!!!
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posted on 20/6/25

Good article; good read.

posted on 20/6/25

comment by Shinjury list (U1700)
posted 1 hour, 1 minute ago
comment by Redastomatoes- Feels very Moyesian...cleverson forever!If he is good enough he is ready! (U12026)
posted 19 hours, 58 minutes ago
I know there's something going on, I just do not understand what it is exactly... AND WHY WE AREN'T DOING IT ALREADY!!!
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😂😂

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