Leicester City Wins Appeal Against Potential Points Deduction Over PSR Rules Breach

Leicester City has successfully appealed against a decision that could have led to a points deduction for allegedly violating Premier League Profitability and Sustainability (PSR) rules. An independent appeal board ruled in Leicester’s favor, stating that any losses occurred after the club’s relegation from the Premier League.

Leicester City has emerged victorious in its appeal against a decision that could have resulted in a points deduction for a purported breach of Premier League Profitability and Sustainability (PSR) rules, the club confirmed on Tuesday.

After winning the Championship last season and rejoining the top flight, Leicester appealed the decision, arguing that the independent commission ruling on the case lacked jurisdiction. This argument was upheld by an independent appeal board, which noted that Leicester's accounting period ended on June 30, 2023. By this date, the club was no longer a Premier League member following their relegation.

According to PSR rules, Premier League clubs can lose up to 105 million pounds ($137.56 million) over three seasons, and points deductions were previously handed to both Everton and Nottingham Forest. The appeals board concluded that Leicester's alleged losses, if any, occurred post-relegation, absolving the club of PSR rule violations within the stipulated timeframe.

(With inputs from agencies.)