There has been a lot of news about the Premier League's PSR with the Everton points deduction, reports of violations at Nottingham Forest, and all the stories about how clubs are seeking to get into compliance with these regulations. But we think the actual news here has not been well explained in much football media. So we called in an actual finance expert, the Double Pivot's Financial Shenanigans Correspondent, Skanda Amarnath (@IrvingSwisher) to walk us through what has actually changed -- it's not the rules -- and why a PSR system with teeth is in some crucial ways not only different from North American salary caps but the opposite of a salary cap.
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