Leicester City charged by Premier League over breach of financial rules

webnexttech | Leicester City charged by Premier League over breach of financial rules

Leicester City have been charged by the Premier League and referred to an independent commission over an alleged breach of financial rules during the 2022-23 season. The Premier League claims Leicester, who were relegated to the Championship at the end of the campaign, failed to submit their audited financial accounts. “Leicester City were relegated to the EFL Championship prior to the introduction of the Premier League’s new Standard Directions, which prescribe a timeline within which PSR cases should be heard,” the league said. “Therefore, the proceedings will be conducted in accordance with a timetable to be set by the independent commission, and its final decision will be published on the Premier League’s website.” Leicester are second in the Championship, equal on points with leaders Leeds United, as they chase promotion back to the Premier League. more to follow…

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