Crystal Palace part-owner John Textor has hit out at the Premier League and their profit and sustainability rules in a new rant following the charges levelled at Everton and Nottingham Forest.
The American owner questioned how the Premier League can dock points for spending money when it’s the owners’ money, insisting they should be able to do as they please.
He went on to insist that the rules are not about sustainability and more about keeping the big clubs big and the smaller clubs small with a focus on income ratio against profit and loss.
As shared by The Times [29 February], Textor ranted: “It’s clear that they’re built to make sure that clubs who do not drive significant revenues cannot catch up.
“It doesn’t matter if you have a billion dollars of cash in a wheelbarrow, you’re not allowed to spend it. Does that make any sense?
“Marinakis [Forest owner] has plenty of money to fund his team but he’s not allowed to. If he spends too much and does what the fans want, somebody comes along and docks him points? That’s not right.
“Financial Fair Play is a fraud of a term, to say it’s about sustainability. The sustainability issue is a fraudulent issue. Sustainability should be about the quality of your balance sheet, not ratios against your profit and loss. Nobody actually thinks that makes sense.”
Everton could kickstart outrage against the Premier League
It appears that the tide is changing amongst the clubs in the top division of English football. Given the implications caused by the Everton points deduction and subsequent appeal process, plenty of outrage is beginning to stir.
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Previous managers and pundits such as Sam Allardyce and Jeff Stelling have also recently spoken out against the Premier League and the way they have gone about their processes so far this season.
Textor is not the first club official to hit out at the Premier League either, after one previously criticised CEO Richard Masters for his weak leadership and lack of direction, despite being very affable at meetings between the clubs.
With tensions beginning to rise between clubs and the league, and constant reports of further concerns throughout the decision about PSR cases in the wake of the Everton verdict, it would not be a surprise to hear more in the near future.
