- Spending in this January window has been far lower than in previous seasons
- Some clubs have agreed to back date increased wages on contracts for players
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Premier League clubs are delaying signing off on new contracts for existing players amid concerns over profit and sustainability rules (PSR).
Everton, who have already been docked 10 points this season for breaching financial rules, and Nottingham Forest are both facing punishments for breaking PSR laws.
And Mail Sport has learned teams have become so fearful of going over their spending limits that they are having to restrict wage bill expenditure on this season’s accounts.
As a result, teams are holding off on ratifying new deals for players until next summer when spending falls under the following year’s set of accounts.
In some cases, it is understood certain clubs have already agreed new deals with players but will back date increased wages so the expenditure falls under the next set of accounts.
Premier League clubs have been fearful of reaching spending rules, prompting them to hold off on handing our new contracts to existing players
Erik ten Hag admitted that he could not sign a new striker in the January transfer window due to spending limits
Spending during the January transfer window has been significantly restricted due, primarily, to PSR concerns.
Most clubs have been looking to utilise the loan market in a bid to slash spending on transfers this month.
Manchester United boss Erik ten Hag admitted last week the club could not sign a new striker due to spending limits, while Newcastle boss Eddie Howe confirmed on Monday that he could only add new players to his squad if they sold.
And news that clubs are so close to breaking financial laws that they can’t afford to fork out on increased salaries underlines the difficulties teams are facing.
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