As the deadline for most official filings approaches, two-fifths of Premier League football clubs have yet to make their latest accounts publicly available. This delay in filing accounts exposes those running Premier League clubs to criticism for a lack of transparency. The finances of England’s top flight are under increasing scrutiny, especially concerning potential breaches of financial fair play (FFP) rules.
Everton’s Debt and Chelsea’s Sustainability
Among the clubs, Everton’s accounts are particularly interesting. The debt on their balance sheet and its annual cost will likely be a focal point. Additionally, Chelsea, which appears to have barely passed the 22/23 profit and sustainability rules, will be closely examined.
Transparency and Timing
Despite professing a commitment to transparency, clubs often wait until the final day of the filing window to submit accounts. This delay allows for a few extra days of secrecy while Companies House processes and uploads the accounts.
