Supporters adore the relationship that develops between the squad and its supporters and laud homegrown players who make it into the first team as “one of their own.”
But Premier League club accountants also like selling academy graduates, as there’s a rising trend of doing so to make ‘pure profit’ and get over the stringent financial regulations that have been particularly harsh this season.
Profit and Sustainability Rules (PSR) violations have been reported for Everton, Nottingham Forest, and Leicester, while large losses have been reported for Chelsea, Tottenham, Aston Villa, Newcastle, and Wolves in their most recent financial statements.
Could there be a wave of similar transfers this summer, following the £42.5 million stunning departure of Cole Palmer, a Manchester City academy graduate, for Chelsea?
