Leicester PSR appeal: What does it mean for rest of Premier League?
9 Articles
9 Articles
Leicester City Q&A: Why Are The Foxes Likely To Avoid A Premier League Points Deduction After They Won PSR Appeal? - Great Yorkshire Radio
The original Premier League case alleged that Leicester had made a loss for three seasons leading up to the 2022/23 season of £129.4m – £24.4m more than the permitted £105m losses over three seasons. Leicester were adamant the Premier League did not have jurisdiction to punish them in this way, because they had been relegated to the EFL when their accounting period ended, and so they were no longer bound by the Premier League rules. The Foxes we…
Leicester appealed on the grounds that the decision of the independent panel on the case lacked jurisdiction, which was upheld by an independent Board of Appeal. The club was first referred by the Premier League to the independent committee in March and the committee rejected Leicester's first challenge to its jurisdiction to [...] The article Leicester won the Premier League Jurisdiction Appeal for PSR violations first appeared on ERT.GR.
After being accused by the Premier League of violating the league's Profit and Sustainability Rules (PSR), Leicester announced that they won the appeal against the ruling that an independent commission had jurisdiction to prosecute an alleged violation. The Premier League's Profit and Sustainability Rules state that clubs cannot make a loss greater than £105 million over a three-year period. According to the league, Leicester would have crossed …
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