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Leicester City’s PSR points deduction saga continues to unfold.
Despite their previous appeal, the situation is far from resolved for Leicester fans. Fresh concerns about a potential points deduction have emerged following recent developments from the Premier League.
Leicester City is once again concerned about a potential points deduction due to Profit and Sustainability Rules (PSR), according to a recent report.
The Foxes faced charges in March for breaching the Premier League’s PSR after reporting losses of £89.7 million in the 2022/23 season, exceeding the allowable £105 million loss over three years. Leicester contended that they were no longer a Premier League club when they submitted their accounts on June 30, 2023, shortly after their relegation to the Championship.
An independent commission determined that Leicester could still face charges, but the club announced in early September that they had successfully appealed the decision.
However, the situation may not be resolved yet. A report from Football Insider indicates that the Premier League has appealed this ruling, aiming to impose a penalty on Leicester for their financial violations.
It remains uncertain whether the Premier League will succeed in this appeal. Last season, Everton and Nottingham Forest faced deductions of eight and four points, respectively, setting a precedent for financial rule violations.
Leicester, after a shaky start, seems to be gaining momentum, with Arsenal being the only team to defeat them in their last six matches. The Foxes have secured victories in their last two Premier League games, defeating Bournemouth 1-0 at home and overcoming a 2-0 deficit to win 3-2 against Southampton, moving them up to 14th place, six points clear of the relegation zone.
Leicester’s upcoming fixtures include matches against Nottingham Forest and Ipswich Town, and they will be eager to accumulate more points to create a cushion against any potential deductions.
