Leicester ‘could receive two points deductions’ following promotion to Premier League – with charges for breaching club’s financial rules ‘to extend beyond the start of next season’

Leicester could be handed two deductions on their return to the Premier League, according to reports.

In March, the Foxes were referred to an independent commission “for an alleged breach of the Profitability and Sustainability Rules (PSR) and for failing to submit their audited financial accounts to the League”.

The allegation relates to the 2022-23 campaign, when Leicester were relegated from the Premier League.

The EFL said that, after taking legal advice, it did not have the power under its rules as currently drafted to impose any points deduction while the club was in the Championship.

Leicester, who are now without a manager after Enzo Maresca joined Chelsea, have since secured a return to the top flight and now face the possibility of dropping points twice, according to The Sun.

Leicester City could face a wait to find out if they will face more points deductions

In March, the Foxes were referred to an independent commission “for an alleged breach of profitability and sustainability rules (PSR)

The second charge would in turn come from the EFL, which is preparing to charge Leicester with breaching spending caps during the 2023-24 Championship-winning season.

The club is under investigation for possible breaches by the EFL, which placed the Foxes under a transfer embargo in March.

The East Midlands club wanted the first top-flight case resolved this summer so they could find out about any points deductions before the start of the season.

However, the case will not be fast-tracked, with the independent commission yet to set a date for a hearing.

The delay is said to be Leicester’s fault due to the “aggressive” approach they have taken to fighting the charges.

The club announced it had launched “urgent legal proceedings” against the Premier League and EFL after being accused of breaching profit and sustainability rules.

Sources familiar with the case have told Mail Sport that Leicester’s breach is “significant”, which based on previous PSR hearings would trigger a six-point sanction, while the club’s combative approach means it will not be reduced based on their collaboration. Operation.

Following news of the allegation in March, a Leicester spokesman said: “Leicester City is surprised by the action taken by the Premier League today.

“The Club is extremely disappointed that the Premier League has chosen to charge LCFC now, despite the Club’s efforts to engage constructively with the Premier League in relation to the matters which are the subject of this charge, even though LCFC is not currently a Premier League . club.

“The club continues to receive careful advice on its position and, if necessary, will continue to defend itself against any unlawful actions by the football authorities should they seek to exercise jurisdiction where they cannot, so as happened at the beginning of this year.

The Premier League and EFL are believed to have blamed Leicester for the poor delay

“LCFC has repeatedly demonstrated its commitment to P&S rules through its operating model over a considerable period, achieving compliance while pursuing sporting ambitions that are entirely credible given the consistent success the Club has achieved in that period, both domestically and in the European competition.

“As we continue to represent the club’s position, we will continue to fight for the right of all clubs to pursue their ambitions, particularly where they have been reasonably and fairly established through sustained sporting achievement.”