The English Football League (EFL) is planning to amend its financial regulations to address a loophole that Leicester City is accused of exploiting. This move comes amid concerns that Leicester could be in violation of the EFL's profit and sustainability rules. The potential breach could have significant consequences for Leicester, especially as they aim for a return to the Premier League. Despite their successful performance, the club may be forced to sell key players if they secure promotion, due to the financial scrutiny. Leicester City has expressed concern over the EFL's investigative unit, suggesting it may have exceeded its authority during the financial probe.
Leicester City 'concerned' after EFL unit 'acted outside powers' in finances probe https://t.co/JN6QIHdqi4
Leicester accused of exploiting major loophole as EFL forced to act https://t.co/UBVVwIxq20
Leicester City are charging towards a Premier League return 📈 But the Foxes could be forced to SELL their top stars even if they earn promotion back to the big time 😮 @neil_moxley https://t.co/DsCGmlZDO6 https://t.co/2777w17d24
Leicester at risk of breaching EFL profit and sustainability regulations https://t.co/zvzzaEs0iu
EFL confirm they are planning to change their financial rules, to close a loophole they feel Leicester have exploited in order to avoid being subjected to a strictly-controlled business plan. https://t.co/Hb72OCN6ob