Leicester CIty referred over alleged EFL financial breach

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Leicester CIty referred over alleged EFL financial breach

Leicester City have been referred to an independent commission by the Premier League for an alleged breach of EFL financial rules while they were in the Championship in the 2023-24 season.

A tribunal also upheld a decision that the Premier League could not punish the Foxes for breaching Premier League profit and sustainability rules for the 2022-23 season as the club had been relegated from the top flight at the end of that campaign.

However, the same tribunal decided that the Premier League does have jurisdiction to investigate the club for breaching EFL rules in 2023-24.

The independent commission will also assess two further alleged breaches by the Foxes; that they failed to provide accounts to the Premier League by 31 December, 2024, and that they did not “provide full, complete and prompt assistance to the Premier League in response to the league’s inquiries”.

Leicester, who this season have been relegated to the Championship for the second time in three years, said: “The club intends to engage co-operatively in this matter now that the Premier League’s jurisdiction has been established for the ******* ending FY24 (financial year 2024).”

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