Leicester City have been referred to an independent Commission for alleged breaches of Profit and Sustainability rules (PSR) while they were in the EFL Championship last season, Afrosport reports.
It marks the second time they have been charged with falling foul of PSR rules after winning an appeal earlier in the season that prevented the Premier League from charging them for breaches during the 2022-23 campaign.
Leicester have been relegated from the Premier League for the second time and will play in the Championship for the 2024-25 season.
They could be handed a points deduction and a fine, although it is not clear when and how it will be applied if found guilty.
The EFL, in a statement per Talksport, said: “The EFL notes that the Premier League has today referred Leicester City to an independent Commission for an alleged breach of Profit and Sustainability Rules for the period ending season 2023-24.
“The EFL commenced an investigation into this reporting period following the March 2024 submissions, and as is permitted in accordance with EFL Regulations, jurisdiction for that passed to the Premier League at the conclusion of the 2023-24 season on the Club’s promotion.
“We will now await the outcome of the Premier League proceedings and until then are not able to comment any further on the matter.”
Leicester, responding to the new development, said in a statement: “The club is pleased that it successfully defended the Premier League’s challenge to the Appeal Board decision in relation to the PSR assessment period ending FY23, which was the main focus of these proceedings.
“The Premier League’s own rules provide a deliberately high threshold for any challenge to the decision of an Appeal Board.
“…Consistent with its previous commitments, the club intends to engage cooperatively in this matter now that the Premier League’s jurisdiction has been established for the period ending FY24.
“However, we will not be able to comment further on these proceedings until they are concluded, due to their confidential nature.”
Leicester City today notes the Tribunal decision regarding the PSR assessment periods ending 22/23 and 23/24.
— Leicester City (@LCFC) May 20, 2025
Ruud van Nistelrooy’s team are off the back of just their sixth win of the season when they defeated fellow-relegated side Ipswich Town 2-0 on Sunday in what was club legend Jamie Vardy’s 500th game for the club.
The Foxes will conclude the season away at Bournemouth on Sunday afternoon.
