Everton are a club that have been ravaged by PSR more than most.
After all, few argued that they had not been poorly run, but the manner of the punishments that followed, which largely affected the fanbase rather than the incompetent owner, drew real scrutiny.
Fortunately, having survived two points deductions last campaign, they now seem to be on the path to a brighter, more sustainable future, with Kevin Thelwell the man to thank for this newfound stability.
And, to make things even better, this summer has seen them spend, suggesting they are in a much stronger position than they have been in recent years.
Everton still want to sign Yankuba Minteh
That is no greater exemplified than through Everton’s successful deal to sign Iliman Ndiaye from Marseille, just days after bringing Jack Harrison back in on loan, and Tim Iroegbunam from Aston Villa on a permanent deal.
However, as is always the case with the Toffees, they cannot go a window without being embroiled in at least one protracted transfer saga.
Newcastle United’s Yankuba Minteh seems to be this summer’s target of their affection.
But with Minteh seemingly desperate to join Everton, and his club having to sell because of PSR, perhaps this might be one where it is Sean Dyche and Thelwell playing the role of one club bullying another due to financial restraints.
Everton could capitalise on Newcastle United’s PSR troubles
Were the Magpies to offload Minteh, there would likely be an uproar on Tyneside.
However, by all accounts, it is a matter in which they have no say. After all, The Athletic writes: ‘The belief was that Newcastle merely needed to sell to buy. The reality was they needed to sell to satisfy PSR unless fresh and sufficient commercial revenue arrived.’
Were they to receive that £40m sum that they are demanding for Minteh, they would almost certainly be in the clear, as it would show up largely as an upfront profit regardless of how the deal was structured.
And yet, if it were the Toffees who brought him in for that fee, on a five-year contract for example, that would be amortised across that spell.
So, in fact, Everton would only actually be spending £8m this financial year, just before the June 30th PSR deadline.
This minimal figure has already been offset by Lewis Dobbin’s £10m exit, and their financial safety would only be reinforced were Ben Godfrey to leave Everton for £12.7m, as is expected.
At last, it seems the Toffees might now be the club capitalising on PSR mistakes rather than suffering from them.