According to The Sun, Leicester City could face two separate point deductions for alleged financial rule breaches.
The report states that the English Football League (EFL) has handed over its investigation into the Foxes’ potential financial irregularities from last season to the Premier League, implying a similar fate to Everton. Everton faced multiple point deductions last season. Their first punishment, initially a 10-point deduction, was reduced to 6 points on appeal. However, they were subsequently penalized by another 2 points in a separate ruling, resulting in a total of 8 points deduction.
In March, the Premier League accused Leicester City of exceeding the permitted £105 million deficit for the 2022-23 season (Premier League rules limit losses to £105 million over three years, while the Foxes recorded a £215.3 million loss between 2020-2023, exceeding the limit by more than £110 million). Leicester initially appealed, arguing that they were a Championship club at the time, placing them outside the jurisdiction of the Premier League. This case was subsequently postponed. However, Leicester’s return to the Premier League this season changes the situation, leading to a potential point deduction.
Furthermore, the EFL initiated an investigation into the Foxes’ financial status during the 2023-24 season, alleging further breaches. The club faced a transfer ban during the latter stages of last season. The subsequent punishment for this investigation has now been transferred to the Premier League, marking the second potential point deduction for Leicester.
Leicester City, returning to the Premier League as last season’s Championship winners, will host Tottenham Hotspur at home on August 20th at 3 am. However, facing potential point deductions, and potentially two separate deductions, the upcoming season will be a challenging one for the Foxes.
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