Leicester City points deduction: Top source has news after big twist
Leicester City could be facing more points deduction uncertainty as the Premier League has likely appealed against the latest decision in their profit and sustainability (PSR) case.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider the governing body is facing an “enormously high hurdle” in its bid to get the ruling overturned.
Leicester were charged in March with a breach of the Premier League’s PSR rules for 2022-23 after reporting losses of £89.7million for that year alone, with top-flight sides only permitted to lose £105million over a rolling three-year period.
But they argued they were no longer a Premier League club when they submitted their accounts on 30 June last year following their relegation to the Championship.
An independent commission dismissed those claims in July and ruled they could be charged by the Premier League.
But Leicester confirmed in a statement on 3 September their appeal against that ruling had been successful, handing them a significant boost in their bid to avoid a points deduction.