Everton Sells Women's Team for PSR Compliance

Everton has sold its women's team to Roundhouse Capital Holdings, the parent company that also owns the men's team, in a move aimed at improving compliance with the Premier League's Profitability and Sustainability Rules (PSR). The transaction, valued at about £60 million, allows Everton to record the sale as revenue, potentially enhancing the club's financial position and transfer budget. This restructuring enables the women's team to function as a standalone entity, facilitating targeted investment, particularly from US sources. Everton joins Chelsea and Aston Villa in leveraging asset transfers to related companies to register profits for PSR purposes, although the Premier League applies rigorous fair value assessments to such deals. UEFA, however, has stricter rules and is closely scrutinizing similar financial maneuvers. The move underscores a broader trend among top English clubs to use internal transfers to maintain financial compliance and competitiveness.