Leicester City face points deduction as Premier League slap Foxes with three new PSR charges ...Middle East

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Leicester City face points deduction as Premier League slap Foxes with three new PSR charges

Leicester City have been referred to an independent Commission for alleged breaches of Profit and Sustainability rules (PSR).

The Foxes, who will play Championship football next season, will contest another legal battle following their battle to avoid a points deduction for their financial management during the 2022/23 campaign.

    Leicester owner Aiyawatt Srivaddhanaprabha faces another legal battleGetty

    The three new alleged transgressions include breaching the EFL’s PSR rules for the 2023/24 campaign.

    The commission will also investigate the club’s failure to provide accounts to the Premier League by 31 December 2024 while also not providing full, complete and prompt assistance to the Premier League.

    An EFL Spokesperson said: “The EFL notes that the Premier League has today referred Leicester City to an independent Commission for an alleged breach of Profit and Sustainability Rules for the period ending season 2023/24.

    “The EFL commenced an investigation into this reporting period following the March 2024 submissions and as is permitted in accordance with EFL Regulations, jurisdiction for that passed to the Premier League at the conclusion of the 2023/24 season on the Club’s promotion.

    “We will now await the outcome of the Premier League proceedings and until then are not able to comment any further on the matter.”

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