Leicester City must submit their 2023-24 financial accounts to the Premier League by the end of December, which will determine if they have breached profitability rules.
The Premier League is investigating Leicester's finances, as the club had significant losses of 129.4 million, and could face deductions if they fail to comply.
The independent commission stated the Premier League lacked jurisdiction over overspending claims from the season Leicester was relegated, delaying immediate penalties for previous breaches.
Leicester’s sources are optimistic about compliance with financial regulations, despite the substantial losses; however, the Premier League remains skeptical, potentially leading to further scrutiny.
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