Leicester City have been charged by the Premier League for alleged breaches of the EFL’s financial regulations during the 2023/24 season, when the club was competing in the Championship.
The charges, announced on Tuesday, relate to three key areas:
- Breaches of the EFL’s Profit and Sustainability Rules for the 2023/24 season
- Failure to submit annual accounts to the Premier League by the 31 December 2024 deadline
- Failure to fully and promptly cooperate with the Premier League’s inquiries
If found guilty, Leicester — who are set to remain in the Championship next season following relegation — could face a points deduction.
On the same day, the club confirmed it had been cleared of separate charges linked to the 2022/23 season, but now faces a new legal challenge.
The previous charges were brought under the Premier League’s Profit and Sustainability Rules (PSR), even though Leicester were no longer in the top flight at the time.
An independent commission initially upheld the Premier League’s jurisdiction to pursue the 2022/23 case.
However, Leicester appealed, arguing the Premier League lacked authority since the club was in the Championship when the charges were filed. The tribunal ultimately sided with Leicester, stating the Premier League’s challenge did not meet the threshold for overturning the appeal — despite agreeing with the League in principle.
Since then, the Premier League has amended its rules to close this jurisdictional loophole, giving it authority to take action against clubs even after relegation.
With the 2022/23 case now concluded, the Premier League has launched new proceedings tied to alleged financial rule breaches from last season.
Leicester have said they intend to “engage co-operatively” now that the League’s jurisdiction is clearly established.
