Loophole leaves Leicester City free and clear on PSR rules and Premier League embarrassed
September 4 – In a surprise ruling that could have far-reaching consequences for English top-flight football’s entire financial fair play strategy, Leicester City have won an appeal against a decision that could have led to a points deduction for allegedly breaching spending rules.
The Premier League had originally charged Leicester for breaking the rules by making a loss for three seasons leading up to 2022/23 of £129.4 million – £24.4 million, more than the permitted £105 million losses.
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