Leicester have won an appeal against a decision that could have led to a points deduction for an alleged breach of Premier League Profit and Sustainability (PSR) rules.

0:00

7 / 100

An independent panel found the Premier League did not have the jurisdiction to punish the club.

The Premier League said it was “surprised and disappointed” by the panel’s decision.

Leicester said they had “simply sought to ensure that the rules are applied based on how they are actually written”.

The Foxes were charged by the Premier League for breaching spending rules. They appealed against this charge but an independent commission then ruled the top flight could take action.

Leicester then appealed against that decision – based on the fact they were in the English Football League (EFL) at the time the charge was issued – and the outcome was announced on Tuesday.

Under PSR rules, clubs cannot lose more than £105m over a three-season period.

The Premier League charges related to the three-year period to the end of the 2022-23 season.

But the club was relegated to the Championship at the end of that season and only filed its accounts once it ceased being a member of the Premier League.

Nottingham Forest and Everton both received points deductions last season after being found to have breached PSR rules.

Mujuni Henry
Author: Mujuni Henry

JUNIITV

Related Posts 📫

Saka's injury is not serious, Arsenal boss...
LONDON, - Arsenal winger Bukayo Saka's injury is not serious...
Read more
HERSI AMALIZA UVUMI WA PACOME
MAGAZETI Karibu Mtanzania popote pale ulipo kwenye asubuhi ya leo...
Read more
Shan George faces criticism as she urges...
CELEBRITIES
See also  French coach Renard back in charge of Saudi Arabia
Popular Nollywood actress, Shan George comes under fire as...
Read more
VIDEO YA MBOWE AKIMTUHUMU RAIS SAMIA KUIUZA...
VIDEO
Read more
Conte relishing Fabregas reunion as Napoli host...
Napoli coach Antonio Conte is excited to reunite with former...
Read more

Discover more from JUNIITV.ONLINE

Subscribe to get the latest posts sent to your email.

Leave a Reply