By worldlive 
Sad nemesis: what a tragedy! EPL clubs officially facing serious depression huddle after past few months error” as PSR set to pronounce sad charges in less than 48hrs to come” here’s the full charges structure according to report…
The Premier League had to receive the clubs’ accounts for the year ending June 2024 by December 31 if they had suffered losses for the first two seasons of the most recent three-season cycle. Any club that received a complaint from the Premier League on Tuesday has 14 days to reply.
On Tuesday, clubs that violated the Premier League’s financial regulations for the 2021–2024 reporting period will face disciplinary proceedings.
By December 31, 2024, clubs that had lost the first two seasons of the most recent three-season cycle had to turn in their accounts to the Premier League for the year that ended in June 2024.
The Premier League will give any clubs that receive a complaint on Tuesday 14 days to reply. The matter will then be heard for 12 weeks by an impartial committee.
This would also provide time for an appeal, if necessary, before the May 24 season-ending deadline.
In January, Everton and Nottingham Forest were charged with violating Profit and Sustainability Rules (PSR), which consider clubs in breach if they surpass the allowed maximum losses of £105 million over three seasons. This limit is reduced by £22 million for any season spent outside the Premier League.
The charges related to the 2022-23 financial accounts were reviewed during the final months of last season under the league’s ‘standard directions’ for PSR breaches, resulting in Everton receiving a two-point deduction and Nottingham Forest losing four points.
In November 2023, Everton also faced a 10-point deduction for a PSR breach concerning their 2021-22 accounts. However, this penalty was reduced to six points following an appeal in February.
Expenditures on infrastructure, academies, charitable foundations, and women’s football can be classified as ‘add backs’ in a club’s PSR calculation, meaning they do not count towards the £105 million loss threshold.