Leicester City face double points deduction for breaching Premier League's PSR rule: Report
The Foxes become another Premier League club to have been charged with a points deduction recently.
Leicester City are facing two separate points deductions following an alleged breach of the Premier League Profit and Sustainability Rule back in the 2022-23 season.
After being demoted in 2023, the Foxes clawed back to the Premier League for this season. Under Enzo Maresca, they won the Championship last season. However, Maresca has since left for Chelsea. Steve Cooper has taken over as manager.
However, Cooper’s plans for the forthcoming season have taken a hit. Leicester City disputed whether any action might have been taken when they were not in the top flight, but they were charged by the Premier League for their spending during the 2022–2023 accounting year.
Concerns have also been raised over their adherence to financial regulations during the previous season. According to reports, the EFL looked into the club’s difficulties in real time. The Premier League anticipates pressing for two distinct penalties for the league winners of 2015–16.
A Premier League team receiving two-point penalties in a single season is not unprecedented. Everton experienced that last term in connection with violations throughout the 2021–22 and 2022–23 accounting periods.
Clubs are limited to £105m in losses across three seasons under the league’s Profit and Sustainability Rules. Noncompliance can result in penalties such as point deductions. On appeal, Everton‘s original 10-point deduction was lowered to six. Later they also received a two-point penalty.
Last season, Nottingham Forest similarly lost their request to have their point deduction lowered and were instead given a deduction. They were able to avoid relegation despite the deductions, as was Everton.
Despite being less active in the transfer window compared to their promoted rivals Southampton and Ipswich, Leicester made acquisitions. After a successful loan, Abdul Fatawu joined on a permanent basis. Transfers for Caleb Okoli, Michael Golding, Bobby Decordova-Reid, and loanee Facundo Buonanotte have also occurred.
For more updates, follow Khel Now on Facebook, Twitter, and Instagram; download the Khel Now Android App or IOS App and join our community on Telegram.
- AIFF conducts trials for Indian team ahead of AFC Beach Soccer Asian Cup
- Mexico vs USA Prediction, lineups, betting tips & odds
- Argentina vs Bolivia Prediction, lineups, betting tips & odds
- Uruguay vs Ecuador Prediction, lineups, betting tips & odds
- Colombia vs Chile Prediction, lineups, betting tips & odds
- Super League Kerala 2024: Full fixtures, schedule, timing, telecast & live streaming details
- What is Indian football team’s next assignment after Vietnam draw?
- Top 10 highest goalscorers in the history of football
- With Mohammedan jersey on it is an added responsibility, says Gaurav Bora
- Who are the top 10 active goalscorers in international football?