Leicester might face penalties for spending too much in the Premier League. The league said Leicester has been sent to an independent commission for a possible breach of the rules about making a profit and being financially sustainable during the seasons they were in the top division.
This covers the three years leading up to and including the 2022-23 season. The Premier League didn’t give any specific numbers in their statement.
Everton and Nottingham Forest have already been punished for spending too much. Everton lost 10 points at first, but it was reduced to six after an appeal. Meanwhile, Forest lost four points this week and dropped into the relegation zone because of it. Everton is dealing with another case that will be sorted out before the season ends.
Leicester is now in the Championship, the league below the Premier League, after getting relegated last season. They’re also under financial investigation from the English Football League, which oversees the lower divisions.
Currently, Leicester is in second place in the Championship, tied on points with first-place Leeds but with a game in hand. Leicester said it was surprised by the Premier League’s actions.
“The club is very disappointed with the Premier League’s decision to bring charges against LCFC now, even though the club has been trying to work with them on these matters,” they said.
“LCFC is not in the Premier League at the moment, but they’re still open to working things out with the Premier League and the EFL to find a fair solution,” they added. Leicester also mentioned that they’ve followed the spending rules for a long time and have achieved compliance while aiming for success in sports.
“We’ll keep standing up for the rights of all clubs to pursue their goals, especially when they’ve proven themselves through their achievements in sports,” they said.
