The Premier League has referred Leicester City to an independent commission for alleged breaches of Profit and Sustainability rules during the 2023-24 Championship season. Additionally, the club has failed to provide annual accounts and necessary assistance to the Premier League in inquiries. Following an arbitration tribunal's decision, Leicester has contested the charges and successfully defended its stance against the Premier League's challenge concerning the PSR assessment period. The club emphasized the difficulty in overturning Appeal Board decisions, noting strict criteria established in Premier League rules.
The Premier League has referred Leicester City to an independent commission for alleged breaches of Profit and Sustainability rules during the 2023-24 Championship season.
Leicester City has also been queried for not fulfilling obligations to provide annual accounts and to assist Premier League inquiries fully and promptly.
The club expressed satisfaction in defending against the Premier League's challenge regarding the PSR assessment period, reflecting on the high threshold for overturning Appeal Board decisions.
Leicester City stated that to overturn the Appeal Board's decision, a perverse interpretation of the law must be evidenced.
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