Sad News : Leicester have been hit with points deduction as Leeds points too will be deducted for …

Football finance expert Kieran Maguire suggests that Leicester City may have violated profitability and sustainability rules (PSR) by around £30 million, with Championship clubs urging for sanctions this season.

 

 

Leicester disclosed a significant £89.7 million loss for the 2022/23 season,

marking their third consecutive year of substantial deficits. Over a three-year span with a maximum allowable loss of

£105 million, the club accumulated a total shortfall of £215.3 million, leading to charges from the Premier League for a suspected breach of PSR.

 

Enzo Maresca’s team could potentially face a points deduction upon their return

to the Premier League and are presently subject to a transfer embargo by the English Football League (EFL). Recent

reports indicate mounting pressure for action before the season concludes, and Maguire believes Leicester’s PSR breach is clear.

“We don’t have all the specific details regarding allowances for the academy and women’s team,” Maguire informed

Football Insider. “However, based on my analysis, I estimate that Leicester City have exceeded the PSR limit by approximately £25 to £30 million.”

 

“The implications of this in terms of a potential points deduction upon their return to the Premier League remain

uncertain,” Maguire added. “Leicester will likely argue that they should not face such penalties since they are currently

not in the Premier League. From a legal perspective, the commission hearing, if it occurs, will be quite intriguing.”

 

With less than a month left in the Championship season, it is improbable that Leicester will face a points

deduction this season. However, there is a strong likelihood of them beginning next season with a points deficit. Everton

and Nottingham Forest were both penalized points for recent breaches of £19.5 million and £34.5 million respectively.

 

Championship clubs are frustrated, believing that Leicester’s alleged breach has given them an unfair competitive advantage this season, especially

considering significant investments in players like Wout Faes, Patson Daka, and Jannik Vestergaard over the last three years. Despite this, the Championship

leaders assert that they will defend their case and cite an ‘unexpected decline in sporting performance’ as a key mitigating factor.

 

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