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 TOP STORIES > > Leicester City Faces Independent Investigation for Alleged Financial Breaches
 
Wednesday, May 21, 2025
Leicester City Faces Independent Investigation for Alleged Financial Breaches - AsianBookie News Leicester City Faces Independent Investigation for Alleged Financial Breaches
Tuesday, May 20, 2025 - 13 hours ago
       
Leicester City Football Club is facing a points deduction due to alleged financial rule breaches. The Premier League has referred the club to an independent commission to investigate two potential breaches. The first breach concerns the club's failure to provide financial accounts to the Premier League by December 31, 2024. The second breach involves the club's response to the Premier League's inquiries, which were deemed incomplete and delayed. The Premier League had previously waived punishment for the club's profit and sustainability rule breaches for the 2022-23 season, as they had been relegated from the top flight at the end of that campaign. However, the current breaches are considered more severe than those committed by Everton and Nottingham Forest last season, which led to points deductions. The English Football League (EFL) has confirmed that the Premier League has jurisdiction over the matter, given Leicester City's promotion to the top flight. The club has released a statement expressing their intention to cooperate with the investigation, but they cannot comment further due to the confidential nature of the proceedings. The EFL will now await the outcome of the Premier League's investigation.

The EFL has stated that they will not comment further on the matter until the Premier League's proceedings are concluded. The club's statement emphasizes their commitment to cooperating with the investigation, but they will refrain from making any further comments until the matter is resolved. The Premier League's investigation is ongoing, and the outcome will determine the club's next steps.
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