Leicester City points deduction confirmed as Foxes drop into Championship relegation scrap
Leicester City have been slapped with a six-point deduction by the EFL for breaching profit and sustainability rules during the 2023/24 season. The deduction drags the Foxes back into a relegation dogfight, with Leicester hovering just outside the drop zone on goal difference.
Leicester were promoted from the Championship during the 2023/24 season as league winners, having amassed an impressive 97 points across the 46 matches. Following their promotion, the EFL's investigation into the alleged breaches was transferred over to the Premier League.
Leicester - who finished 19th in the Premier League last season - were later referred to an independent commission, who determined the club had breached P&S thresholds by £20.8m over a three-year assessment.
A statement from the EFL read: "Today, the independent disciplinary commission, appointed under Premier League Rules, has issued its decision confirming Leicester City FC breached (i) the P&S Rules in the three-year reporting period ending with Season 2023/24, and (ii) its obligations to disclose documents.
"It has recommended a deduction of six points. The EFL board has this afternoon met to consider the decision and in accordance with Regulation 87.7 has determined that the sanction should be applied to the Championship table with immediate effect."
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In a statement posted on the Leicester website, the 2015/16 Premier League champions: "It is with disappointment that Leicester City acknowledges the Independent Commission's decision and the Club will use the time available to consider its next steps. While the Commission's findings significantly reduced the unprecedented scale of the sanction originally sought by the Premier League, the recommendation remains disproportionate and does not adequately reflect the mitigating factors presented, the importance of which cannot be overstated given the potential impact on our sporting ambitions this season.
"We appreciate the Commission's agreement with the Club's position that compliance for FY24 should be assessed over a 36-month period - an important point both for the period in question, but also in providing the Club with certainty on its PSR/P&S compliance for FY25. The panel also agreed there were no aggravating factors which should be applied to the sanction, which is something the Club had maintained throughout, and acknowledged the Club demonstrated a positive trend in its finances in FY24.
"We are now reviewing the decision in full and considering the options available to us. We remain committed to engaging constructively and ensuring that any action is fair, proportionate and determined through the appropriate processes."