Leicester City Deducted Six Points for PSR Breach

Leicester City suffered a major setback in their Championship campaign on Thursday when an independent disciplinary commission imposed a six-point deduction for breaching Profit and Sustainability Rules, plunging the club into a battle against relegation to League One.

The sanction, ratified by the English Football League board, stems from the club's financial losses over the three-year assessment period ending in the 2023/24 season. The commission determined that Leicester exceeded the permitted threshold by 20.8 million pounds, with actual losses totaling 103.8 million pounds against a maximum allowance of 83 million pounds. This figure accounts for the club's time in both the Premier League and the Championship during the period. Additionally, the panel found Leicester in breach of Premier League rules for failing to submit their annual accounts by the December 31 deadline and for not providing full cooperation during the investigation.

The hearing, which spanned seven days in November, followed charges issued in May after an arbitration tribunal confirmed the Premier League's jurisdiction. Although the league had sought a 12-point deduction and a 20 million pound fine, the...