Leicester City could face a double points deduction that might jeopardise their chances of staying in the Premier League.
The Foxes, who were relegated in 2023 but made an immediate return by winning the Championship last season, are now under scrutiny for their spending during the 2022-23 accounting period. Despite denying any wrongdoing and contesting the charges while they were not in the top flight, questions remain about their financial compliance last season.
According to The Sun, the EFL conducted a real-time investigation into the club’s challenges and the Premier League is expected to push for two separate penalties for the 2015-16 league champions. This wouldn’t be the first time a Premier League club has been hit with two points penalties in one season – Everton suffered the same fate last term due to offences in the 2021-22 and 2022-23 accounting periods.
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Under the competition’s Profit and Sustainability Rules, teams are limited to £105m in losses across three seasons, and failure to comply can result in punishments including points deductions. Everton had an initial 10-point deduction reduced to six on appeal, with a further two-point penalty following.
Nottingham Forest faced a points deduction last season and despite an unsuccessful appeal to have it reduced, they along with Everton managed to avoid relegation, reports the Mirror. Leicester, although less active than fellow promoted teams Southampton and Ipswich in the transfer window, have made some new signings.
Can Leicester survive possible points deductions and avoid relegation? Let us know in the comments section below
(Image: Leicester City FC via Getty Imag)
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Abdul Fatawu has been signed on a permanent basis following a successful loan spell, while Caleb Okoli, Michael Golding, Bobby Decordova-Reid and loanee Facundo Buonanotte have also joined the squad. Cooper’s team is set to face Tottenham in their Premier League opener on Monday night (August 19).
However, they will be short on attacking options due to Kelechi Iheanacho’s departure over the summer and injuries to Patson Daka and Jamie Vardy. “Patson [Daka] obviously is not great news,” Cooper revealed in his pre-match press conference.
(Image: Leicester City FC via Getty Imag)
“He suffered quite a serious ankle injury last week in the game in Lens and he is going to be out for a good few months. He’s having an operation today (Friday). That’s really unfortunate for him because he was looking good in pre-season.”
“Vards, similarly, he’s been injured since the second week of pre-season now, when we were on one of our pre-season camps. He’s closer to returning but it will be a little while, although he’s itching to get back. But it’s not great at that end of the pitch.”