Leicester City has been formally charged by the Premier League for alleged breaches of its Profit and Sustainability Rules (PSR), including failing to submit their audited financial accounts to the League. The charges relate to spending rules violations over the last three seasons while the club was in the top flight. Leicester City expressed surprise and disappointment at the charges, emphasizing their efforts to engage constructively with the Premier League. The club is also considering legal action over the charges, particularly challenging the Premier League's jurisdiction, as they are currently playing in the second tier, citing 'jurisdiction' concerns due to their status in the EFL. A points deduction is likely next season as a consequence of these charges.
The Premier League continued to implement a firm stance over its Profitability and Sustainability rules (PSR) on Thursday as Leicester City were formally charged with breaching financial rules. https://t.co/7FLE10HQ2T
I would imagine the last 20 hours has been a confusing one for all fans, not just #LCFC fans. So, we’ve tried to clear it up! 🤔 Explained: What Leicester’s Premier League PSR charge really means https://t.co/3Si2isQd82
Leicester City charged by Premier League for alleged breach of profit and sustainability rules. https://t.co/2EwEEMBgcl
Leicester City threaten legal action over Premier League charges Club faces points deduction for breaching top-flight’s financial rules – despite playing in the second tier Tap for the full story ⬇️ https://t.co/k7GTJyQ8PE
Leicester release statement after alleged breach Premier League PSR https://t.co/E7f5HfaNm0
Leicester City charged by Premier League over alleged breach of PSR rules https://t.co/TzZVf2dbAz
Leicester City charged by Premier League with 2 breaches of financial rules. The club look to be spoiling for a legal fight over "jurisdiction" as they are in the EFL. Full story here on latest PSR controversy: ⬇️⬇️⬇️ https://t.co/wXIaELfsrR
Leicester City have been charged by the Premier League for an alleged breach of its profit and sustainability rules. https://t.co/2EwEEMBgcl
BREAKING: The Premier League has charged Leicester City over an alleged breach of the league's Profitability and Sustainability Rules (PSR). https://t.co/oTui0AWv7k
Leicester City have been charged by the Premier League with an alleged breach of its Profit and Sustainability Rules (PSR). #LCFC Full story from @RobTannerLCFC here ⬇️
Rob Dorsett on Leicester City's statement after the Premier League charged the club over an alleged breach of the league's Profitability and Sustainability Rules 👇 https://t.co/5zd3DZdNH9
Leicester City: Premier League charges Championship club with alleged breaches of financial rules https://t.co/tXcTS32ay7
BREAKING: Leicester City charged with alleged FFP breach by Premier League https://t.co/ZkVAuumSoq https://t.co/GmktKH928G
BREAKING: Leicester issue strong response after Premier League charge Foxes with alleged financial breach https://t.co/N1MqpYJlJ0
Leicester City: Premier League charges Championship club for alleged breaches of financial rules https://t.co/SEhiNGySvz
🚨 CHARGED 🚨 The Premier League have charged Leicester City with alleged breaches of Profit and Sustainibility rules. More: https://t.co/pvEKNzh7qV https://t.co/q1sno7Z1v0
🚨 BREAKING: Leicester City have been charged by the Premier League for an alleged breach of PSR, and for "failing to submit their audited financial accounts to the League". (Source: @JPercyTelegraph ) https://t.co/rlGWMEMxQP
Leicester City have been charged by the Premier League for allegedly breaking spending rules during their last three seasons in the top flight.
BREAKING: Premier League charges Leicester for alleged breach of PSR Leicester City say it is 'surprised' and club is 'extremely disappointed that the Premier League has chosen to charge LCFC now, despite the clubs efforts to engage constructively' with the league @ITVCentral
This has now happened - Leicester charged by Premier League, but points deduction likely next season https://t.co/HwRvlcsZYv
BREAKING: The Premier League has referred Leicester City to an independent Commission for an alleged breach of Profitability and Sustainability Rules and for failing to submit their audited financial accounts to the League. https://t.co/hMDYzYTPxe
Premier League announcement - Leicester charged with alleged breach of Profitability and Sustainability Rules https://t.co/aXY5mM8qL3