Premier League clubs are facing the prospect of losing millions on big-money players they are struggling to sell as the ramifications of PSR start to bite.

Seasoned England internationals including , , and Ben Chilwell are amongst those who have been told they are now surplus to requirements as teams look to raise transfer cash and save on superstar wages in a bid to keep the bean counters happy.

But with many clubs now taking care not to overcommit financially in order to stay within PSR parameters, an increasing number of sellers must decide whether to slash asking prices or offer pay-offs to compensate for any drop in salary. In some cases they may have to do both.

One top agent said: “This is the time of year when most transfer deals are done - and compromises are reached to help the market to move. We’ve already seen a number of big transfers take place at , and - and they are likely to have a domino effect.

“But a number of clubs have also made no secret of the fact that they’re looking to move players out who have cost them a fortune in transfer fees and wages. That’s a buyer’s market. Some clubs will have to cut their losses at some point just to get those players out of the door.

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“That means slashing valuations or subsidising salaries to move players out. Either way there’s going to be some pain. It’s not exactly a new scenario - but PSR has become an added complication. Clubs now count every pound. The wriggle room they once had is becoming tighter every year.”

United made it clear at the end of the season that they were prepared to listen to offers for any player - but the priority is to find clubs for a group of misfits who cost more than £310million in transfer fees and who take home wages totalling a staggering £1.4million every week.

That list includes Marcus Rashford, Jadon Sancho, Antony and Tyrell Malacia, a quartet who were allowed to leave on loan last season, as well as Casemiro, Alejandro Garnacho, and Rasmus Hojlund. So far there have been no serious takers.

are facing a similar dilemma. The London club want to recoup cash on the £184m they invested on Raheem Sterling, Joao Felix, Ben Chilwell, Axel Disasi and Djordje Petrovic after leaving all five out of their squad for the Club World Cup.

So far, the only concrete proposal has come for Felix from Benfica - but the Lisbon club want to hand Chelsea less than half of the £43m they paid Atletico Madrid last year and have indicated his £130,000-a-week wages are also excessive.

Sterling, a £45m buy from City, has returned from a loan spell at , while Chilwell spent last season at four years after Chelsea paid £45m for the full-back. They earn £350,000-a-week and £200,000-a-week respectively.

’s decision to leave Jack Grealish out of City’s squad for the CWC has confirmed that the £100m midfielder is now surplus to requirements at the Etihad. would like to take Grealish on loan - if City subsidise his £300,000-a-week wages. The Blues also wouldn’t stand in the way of and Ilkay Gundogan, two players who take home more than £400,000-a-week between them in wages.

Liverpool are prepared to cash in on £85m Darwin Nunez if they can recoup £70m for the Uruguayan striker - but he has made it clear that he would prefer to remain in Europe for a campaign that ends in the World Cup rather than to take up an offer from Saudi Arabia’s Al-Hilal that would tick most of the financial boxes at Anfield.

Our source added: “Clubs from the could offer solutions but while the contracts on offer to players are fabulous, they are not always so generous when it comes to paying transfer fees. There is also the question of whether players want to play in Saudi when they’ve still got a lot to offer in the .”

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