Friedkin Group will be relieved as £105m cut-off marks start of new era for Everton

Everton have suffered more than any other club at the hands of the Premier League’s Profit and Sustainability Rules enforcers. PSR, which evolved from UEFA’s equivalent Financial Fair Play system, was introduced in its current format over a decade ago, with clubs limited to losing £105m over a rolling three-year period, with allowances for expenses such as infrastructure, academy and women’s team spending.