Sport

The financial gambling culture at the heart of Premier League’s governance woes

Experts call for regulator to counter unsustainable overspend in the world’s biggest football league

Former Republic of Ireland midfielder Harry Arter has not played a game for Nottingham Forest for three years. Picture: Getty Images

Harry Arter gets money for jam. The former Republic of Ireland international epitomises all that’s wrong with Nottingham Forest, the latest Premier League club to find itself in the dock for breaching profit and sustainability rules (PSR).

With them in that situation is Everton, for the second time in quick succession.

Arter reportedly earns £40,000 a week from Forest, which is £5,000 more than a worker’s average annual salary in the UK, according to the ...