Leicester could face new PSR charge with Premier League to ask for accounts
Leicester must submit 2023-24 accounts by year’s endClub confident of avoiding charge and points deduction
Leicester could face another points deduction battle this season, with the club required to submit their 2023-24 accounts to the Premier League by the end of December to establish whether they have breached profitability and sustainability rules.
The league will apply a rule introduced last summer to investigate Leicester’s finances at the earliest opportunity, after expressing “disappointment” at Tuesday’s judgment from an independent commission regarding the club’s three-year losses ending with the 2022-23 campaign. The three-person appeal panel ruled the Premier League had no jurisdiction to charge Leicester for overspending during the season they were relegated because the club were in the EFL when the annual accounting period ended on 30 June.
