Leicester City Faces Independent Commission Over Financial Rule Breaches

Leicester City Referred to Independent Commission Over Financial Breaches Leicester City Football Club is facing an independent commission review after being referred by the Premier League for alleged breaches of the EFL's Profit and Sustainability Rules for the 2023/24 season. This follows a complex legal battle. The Premier League initially charged Leicester for breaches relating to the 2022/23 season. However, Leicester successfully appealed this charge. The Premier League then appealed that decision, arguing that the initial tribunal lacked jurisdiction over the 2023/24 season. This appeal was unsuccessful. The tribunal ultimately decided that they do have jurisdiction over the 2023/24 season, even though Leicester was in the Championship. This means that Leicester will now face charges for three breaches in relation to that season. The independent panel will now investigate these allegations and determine appropriate sanctions. The outcome of this investigation will have significant implications for Leicester City.