⚽ Leicester City fans can breathe easy! The club confirmed on Tuesday it won’t face a points deduction in the 2024-25 Premier League season after successfully appealing an alleged breach of financial rules. 💼💰
The Premier League’s Profitability and Sustainability Rules (PSR) limit clubs to £105 million in losses over three years. Leicester, relegated to the Championship in 2023, argued the league’s case didn’t apply to their financial period ending June 2023. An independent panel agreed. 🚨
🔊 \"The club did not breach the Premier League PSRs\", the team declared, calling the ruling a victory for \"fair process.\" The Premier League, however, called the decision \"surprising and disappointing,\" claiming it sets a tricky precedent for enforcing financial fairness. 🤯
This drama began in March when the league accused Leicester of overspending. Unlike Everton and Nottingham Forest, who accepted point penalties, the Foxes fought back legally. Now, they’re celebrating ahead of their Premier League return. 🦊🏆
