Replay Editor PS5 “Video failed to export. Please try again.”

• Description of the issue: Video’s from the Replay Editor are not getting exported and wont count towards the Trophy Achievement “Without the Footy, it’s Fiction”
• Steps to trigger/reproduce the issue: whenever you try exporting a Video from the Replay Editor 
• Platform: Playstation 5
• Troubleshooting steps already performed: Uninstalled the game and Reinstalled it twice but it hasn’t worked out.

Detailed Description of issue: If I open the Replay Editor and try to export a 15 second long Replay. It will immediately show me a Pop Up Screen saying “Video failed to export. Please try again.” after the Game counts down to start playing the Replay.

I am currently playing on the Version 1.000.023 on the Playstation 5.