Leicester City have successfully won their appeal against a decision that could have resulted in a points deduction for an alleged breach of the Premier League’s Profit and Sustainability Rules (PSR).
An independent panel ruled that the Premier League did not have the jurisdiction to punish Leicester, as the club’s financial assessment period ended on June 30, 2023, after they had been relegated from the top flight.
The Premier League expressed its “surprise and disappointment” at the decision, which means Leicester will avoid any penalties related to exceeding the £105 million loss threshold over a three-season period. Leicester welcomed the ruling, stating that it supports their position that any action against the club should adhere to the applicable rules.
The controversy arose when Leicester was charged by the Premier League for breaching spending rules, which they contested. Initially, an independent commission ruled that the Premier League could take action against the club, but Leicester appealed that decision, arguing that they were no longer a member of the Premier League when the charge was issued.
READ MORE: Fatawu Issahaku discloses connection with Jamie Vardy
The outcome of the appeal has significant implications, as it effectively means that clubs could potentially evade accountability for exceeding financial thresholds if they are no longer part of the league at the time of the ruling.
The Premier League has indicated that it will consider further actions to ensure consistent enforcement of its rules to maintain fairness among clubs.
Leicester City, who were relegated to the Championship last season, have returned to the Premier League this year and have drawn one and lost two of their opening three fixtures.
The club’s successful appeal follows similar cases last season where Nottingham Forest and Everton faced points deductions for breaching PSR rules.
