Kiernan Dewsbury-Hall & Harry Winks
Leicester City has issued a furious statement in response to the Premier League’s decision to remove ‘hefty’ points for allegedly breaking profit and sustainability regulations.
Leicester have issued an angry statement in response to the news that they may face a points reduction for allegedly violating financial rules.
Leicester Accused of Financial Breach
Championship side responds with statement.
Everton and Forest have already deducted points.
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What happened?
The Premier League has referred the Foxes to an independent panel, with allegations that the club failed to submit audited financial accounts, according to The Telegraph. If found guilty, the Championship team may face a “hefty” points deduction for the next season.
Vardy-Leicester-2023-24Getty
What Leicester Said”LCFC has repeatedly demonstrated its commitment to the P&S rules through its operating model over a significant period of time, achieving compliance while pursuing sporting ambitions that are entirely credible given the Club’s consistent success, both domestically and in European competition. As we continue to promote the Club’s viewpoint, we will fight for all clubs’ rights to pursue their goals, particularly those that have been legitimately and fairly established by consistent sporting performance.
The Club appreciates its supporters’ understanding in this circumstance and their continuous support for our team, whose success on the pitch in the closing weeks of the season remains our top focus.”
The King Power Stadium club is the latest to face punishment from England’s top tier. Manchester City has been charged with 115 financial violations, while Everton and Nottingham Forest have recently been penalized points. Everton was punished ten points, but that was reduced to six after an appeal, while Forest was docked four points this week. Chelsea is also thought to be facing a significant point deduction for violating financial restrictions.Leicester, who are now second in the Championship, will want to continue their campaign for promotion back to the Premier League this season. They will then try to avoid any potential points deductions if they return to the top division.
