Listening to a video about 10+2 million for Longstaff being pure profit because he's a homegrown player. I get that concept but can anyone explain it from a PSR standpoint?

If PSR runs on a three year rotation, isn't every player at the club here for more than 3 years tehcnically pure profit as it pertains to PSR reporting?

Anyway - good offer for Sean. Hope he does well at Leeds.