Leicester City boss Ruud Van Nistelrooy, who replaced previous manager Steve Cooper in November, spoke to the club about possible PSR punishment during the negotiations to become head coach.

"The conversations I had were clear and open. We're on that page and in that process," he said last week.

"I had a lot of questions about the topics. For me, it was very important to be able to understand where the club was and where it wants to go and what my role in that would be.

"I took a lot of time questioning these topics among others. We have started working together and there hasn't been any sign that that wasn't right.

"It has been completely as it was said at the time. As long as that is the case, we are aligned. I don't expect that to change."

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Leicester City

• 24 April 2023: Leicester change accounting period from 30 May 2023 to 30 June to benefit from summer transfer window and comply with PSR obligations
• 28 May 2023: Leicester relegated from Premier League
• 12 June 2023: Leicester formally cease to be Premier League club after transferring share to Luton
• 30 June 2023: Accounting period for 2022-23 season ends
• 21 March 2024: Leicester charged by Premier League for breaching PSR rules for three-year period up to 2022-23
• 22 March 2024: Leicester appeal against the Premier League's charge
• 26 April 2024: Leicester promoted back to Premier League
• 4 July 2024: Leicester's first appeal against charge rejected. They launch second appeal
• 3 September 2024: Leicester win appeal against Premier League charge
• 14 January 2025: Foxes not charged with new alleged PSR breach for the 2023-24 accounts.

Leicester City

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Leicester City were one of the clubs charged in the past and were again reportedly close to the PSR threshold.

An independent panel found the Premier League did not have the jurisdiction to punish the Foxes as the club had been relegated to the EFL Championship when their accounting period ended on 30 June 2023.

We will now take a look into how they managed the situation.

The Top to Bottom Anchoring (TBA) rules is a model based on the earnings of the bottom club.

The Premier League said the TBA is "designed to be a pre-emptive measure to protect the competitive balance of the Premier League".

Profit and Sustainability Rules had been criticised as a restrictive mechanism that made it difficult for improving sides to challenge the top clubs in the Premier League.

Premier League clubs have agreed to trial an alternative financial system, which operates like a spending cap, in the 2024-25 season.

The Squad Cost Rules (SCR) and Top to Bottom Anchoring Rules (TBA) will operate alongside the existing Profitability and Sustainability Rules (PSR) on a "non-binding basis".

As mentioned, top-flight clubs had faced difficulties with PSR last season, with Nottingham Forest and Everton both receiving points deductions for breaches.

Teams are now allowed to spend no more than 85% of their total revenues on squads under the new system.

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Everton and Nottingham Forest were both sanctioned last season for PSR breaches, and were docked eight and four points respectively.

Leicester City avoided a points deduction after they won an appeal against a charge in September, which covered the three years up until the end of the 2022-23 season.

An independent panel found the Premier League did not have the jurisdiction to punish the Foxes as the club had been relegated to the EFL Championship when their accounting period ended on 30 June 2023.

Right, let's return to the story that all top-flight clubs are thought to be compliant with the Premier League's rules on PSR, which is an abbreviation for profit and sustainability rules.

Most top-flight clubs had to submit their accounts for the 2023-24 season by 31 December and the Premier League is satisfied that all 20 members have remained within the rules.

Under PSR regulations, clubs cannot post losses of more than £105m over a three-year period - because Leicester were in the Championship last season their losses are capped at £83m.

The accounting period relates to the three seasons up to and including 2023-24.

Brighton & Hove Albion

Brighton manager Fabian Hurzeler on Liam Delap: "I heard that Delap was a special talent when he played at my former club [Manchester City]. He's the whole package, and has had impressive performances for someone so young. He plays like an experienced striker and is so fast and athletic with a shot. He's a big danger."

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Arsenal

Arsenal manager Mikel Arteta on losing their home record: "It was a long period and it was something that gave us so much confidence. The manner we lost those two games is painful."

On the narrative around Arsenal failing to capitalise when Manchester City have faltered: "The narrative from the beginning is that the top five or six teams have the ambition to win it. Regardless of the injuries it remains the same."

Arsenal

Arsenal manager Mikel Arteta on the challenges this season due to injuries: "Most challenging period that we’ve had as we’ve lost important players in crucial moments. We have to adapt but, after everything, look how the team has performed.

"Yes, we lost on Sunday but we have to embrace it and get the best out of it and be creative.

"It is the best time to play [Tottenham] as we know what the game means to all of us."

Arsenal

Arsenal manager Mikel Arteta on team news: "We have one more training session. There are a few that are close but this afternoon we will have the full information."

On Riccardo Calafiori: "Yeah his thing is not too much. We need another day or two - 24 hours become really important when you are playing every three days. We will have more understanding this afternoon."

On Jorginho: "He was cramping in extra time. He is fine. Jurrien [Timber] was exactly the same. We had a few players that were struggling to finish the game."

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Arsenal

Arsenal manager Mikel Arteta on the need for a number nine: "We have to believe that something will make us better. Not just in that position, as we have other issues.

"A player can bring a lot to a team in different ways. We are going to hope and believe and that is what we are trying to do."

We will bring you the latest on that news - that all clubs are thought to be compliant with the Premier League's profit and sustainability rules for the latest accounting period (2023-24) - shortly.

But for the time being, let's get back to this morning's news conferences...

Following Eddie Howe's quotes on profit and sustainability, we are now hearing that all clubs are compliant with the Premier League rules for the period including the 2023-24 accounts.

More to follow.

Newcastle United

So Eddie Howe says he does not believe that Newcastle will be one of the clubs to fall foul of the Premier League's profit and sustainability rules this season following the sale of players in the summer.

But which clubs did Newcastle sell, and why?

England Under-21s midfielder Elliot Anderson, 22, moved to Nottingham Forest in the summer for a fee said to be £35m.

Anderson was at boyhood club Newcastle from the age of eight, meaning his sale was pure profit as he came through the academy.

The Magpies also sold winger Yankuba Minteh to Brighton for £30m.

The Premier League clubs announced the Minteh deal at 00:50 BST on 1 July, which could prove timely.

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Brighton & Hove Albion

Brighton manager Fabian Hurzeler on the availability of Joao Pedro: "We have to see today. He's training with the team and then we can decide if we'll take the risk to play him [against Ipswich]. What's most important is how the player feels. We won't do any stupid things, we have to wait until after the training session.

"He hasn't been able to get into his rhythm but I spoke to him yesterday for a long time and he's in a comfortable place. He's enjoys it here and he's happy with his performances.

"Of course he would want to be on the pitch for every game, but sometimes your body doesn't want the same thing so you have to adapt

"We can't forget that he's still a very young player."

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Arsenal

Arsenal manager Mikel Arteta on the abuse Kai Havertz and his wife have endured since Sunday's FA Cup defeat: "It is incredible, honestly. We really have to do something about it because accepting it has terrible consequences. It is something we have to eradicate in the game. It is dependent on action.

"On 27 December we win 1-0. Havertz scores a goal and the whole stadium is singing his song. That was just 20 days ago, so where is the perspective? We are all responsible for the narrative and we cannot look somewhere else. It is a really serious matter.

"The line has to be drawn. It cannot happen. That is what we should aim for."

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Arsenal

Arsenal manager Mikel Arteta on the north London derby: "It is the nicest game of the season to watch and play because of the atmosphere and what it means to the people - us and everyone that is involved.

"The atmosphere is something the fans can help with and something we can do by giving them something to feed off.

"Let's do it."

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Arsenal

Arsenal manager Mikel Arteta on whether there is a greater need to tap into the transfer market with Jesus' injury: "My answer doesn’t change. We are actively looking into the market to improve the squad. We always have been. It would be naïve not too. We are looking and we are trying, so let’s see what we can do.

"To recruit a player there are three parties who have to agree to that. The fact I love my players doesn’t mean we can’t think about improving. We do daily and when the market comes around we have to make sure we have the best resources and capacity to compete the way that we want to."

Newcastle United

Newcastle boss Eddie Howe on Harvey Barnes' injury: "He’s had a scan. It’s not too bad but he will miss the upcoming games. We're looking at around a month."

On whether Alexander Isak, Sven Botman, Jacob Murphy and Joe Willock will be available after missing the FA Cup win against Bromley: "We'll have a look at them again today. They were left out with genuine reasons, all different things, but nothing major we hope. So minor problems that we needed to settle down. Fingers crossed they'll be there or thereabouts."

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