LONDON, March 22 — Championship club Leicester have been referred to an independent commission by the Premier League for an alleged breach of profitability and sustainability...
Currently second in the Championship as they chase an immediate return to the Premier League after last season’s relegation, Leicester could be hit by a points deduction if they are found to have broken the financial regulations. — Reuters picLONDON, March 22 — Championship club Leicester have been referred to an independent commission by the Premier League for an alleged breach of profitability and sustainability rules during their last three seasons in the top-flight.
“The alleged breach relates to the assessment period ending season 2022/23, when the club was a member of the Premier League.“Leicester City were relegated to the EFL Championship prior to the introduction of the Premier League’s new Standard Directions, which prescribe a timeline within which PSR cases should be heard.
Leicester also face a financial investigation from the English Football League, who govern the three tiers below the Premier League.“The club is extremely disappointed that the Premier League has chosen to charge LCFC now, despite the club’s efforts to engage constructively with the Premier League in relation to the matters that are the subject of this charge, even though LCFC is not currently a Premier League club.
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