Leicester facing charges over alleged Premier League financial rules breach

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Leicester City are facing charges and a potential points deduction for an alleged breach of the Premier League’s profitability and sustainability regulations (PSR) in the 2022-23 season, which ended in relegation to the Championship.

Had Leicester avoided relegation, the 2016 Premier League champions would now almost certainly be in the same situation as Everton and Nottingham Forest, both of whom have been referred to an independent commission over a PSR breach and are at risk of losing points. Everton have already had a 10-point deduction reduced to six points relating to a PSR breach from the reporting period ending in 2021-22.

On Wednesday, it was confirmed Leicester remain at risk of a PSR breach for this season despite an independent panel ruling the club do not have to submit a business plan to the English Football League (EFL). They could still avoid this second breach if they are able to reduce their losses through player sales in June.

PSR assessments are usually based on a rolling three-year basis, with Premier League clubs allowed to lose a maximum of £105million ($134m) over the period, although that figure is adjusted to exclude expenditure on community projects, infrastructure, the women’s team and youth development. But because of the uneven impact of the…

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