Home Sports Leicester is CHARGED by Premier League for breaching Profit and Sustainability rules despite being relegated to the Championship last season – as Foxes brand top flight’s timing as ‘extremely disappointing’

Leicester is CHARGED by Premier League for breaching Profit and Sustainability rules despite being relegated to the Championship last season – as Foxes brand top flight’s timing as ‘extremely disappointing’

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Leicester City have been accused of an alleged breach of the Premier League's PSR rules.
  • Leicester have been accused of an alleged breach of the top flight’s PSR rules.
  • They were referred to an independent commission by the Premier League.
  • Gareth Southgate deserves greater respect amid Man United links… who are these fools doubting him? Listen to the Everything starts podcast

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Leicester are facing a points penalty after being accused of breaching Premier League spending rules – but it appears highly unlikely it will harm their promotion this season.

The Foxes were referred to an independent commission on Thursday “for an alleged breach of the Profitability and Sustainability Rules (PSR) and for failing to submit their audited financial accounts to the League”.

The accusation relates to the 2022-23 campaign, when Leicester were relegated from the Premier League.

Despite a recent wobble, Leicester are second in the Championship with a game in hand on leaders Leeds and have a strong chance of winning automatic promotion this season.

Given this is a Premier League charge and Leicester are currently an EFL club, not to mention the time it will take to determine a sanction, it seems unlikely that points could be taken from them this season.

Leicester City have been accused of an alleged breach of the Premier League's PSR rules.

Leicester City have been accused of an alleged breach of the Premier League’s PSR rules.

The Foxes were relegated from the Premier League when the alleged breach took place

The Foxes were relegated from the Premier League when the alleged breach took place

The Foxes were relegated from the Premier League when the alleged breach took place

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Yet their chances of survival could be instantly compromised by a points deduction.

Everton have lost six points and Nottingham Forest four this season for PSR breaches.

A Leicester spokesperson said: “Leicester City are surprised by the actions taken by the Premier League today.

“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 on the matters which are the subject of this charge, even though LCFC is not currently a Premier League club.

“The Club continues to take careful advice on its position and, if necessary, will continue to defend itself against any unlawful acts by the football authorities, should they seek to exercise jurisdiction where they cannot do so, as is the case was produced earlier this year.

1711056568 365 Leicester is CHARGED by Premier League for breaching Profit and

1711056568 365 Leicester is CHARGED by Premier League for breaching Profit and

In response, Leicester hit back in the Premier League and described the timing of the announcement as ‘extremely disappointing’ (pictured – Foxes chairman Aiyawatt Srivaddhanaprabha)

Enzo Maresca's side are unlikely to be given a points deduction this season, but if they are promoted and found guilty, the Foxes could start next season in the top flight with a penalty.

Enzo Maresca's side are unlikely to be given a points deduction this season, but if they are promoted and found guilty, the Foxes could start next season in the top flight with a penalty.

Enzo Maresca’s side are unlikely to be given a points deduction this season, but if they are promoted and found guilty, the Foxes could start next season in the top flight with a penalty.

“LCFC has repeatedly demonstrated its commitment to the P&S rules through its operating model over a considerable period, managing to comply with them while pursuing sporting ambitions that are entirely credible given the consistent success the Club has obtained during this period, both at national level and in European competition.

“As we continue to represent the Club’s position, we will continue to fight for the right of all clubs to pursue their ambitions, particularly where these have been reasonably and fairly established through enduring sporting achievements.

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